How to Be a Successful Trend Follower

trend following traders get longer short. They're just doing their thing. And then when the quote proverbial blank hits the fan, that's when all the pension funds, whose only strategy with your pension money is to be long only equities and you pay them billions of dollars in fees for all these pension funds around the world. That's where you get it handed to you because they have no strategy. Their hands are tight. It's not that a mutual fund manager or a pension fund manager is any less intelligent than a successful trend follower. To do a good job, they have to lose the least that they can. I jokingly equate that to saying, listen, if you're going to

Play episode from 15:31

Transcript

Episode notes

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!

Get the app