Ep. 348: Michael Covel Monologue and Interview on Trend Following Radio
Michael Covel's Trend Following
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Introduction
The term black box is used to marginalize those that are successful with Trend Following Trading. Jim Simons, the chairman of Renaissance Technologies, who generated for himself around $14 billion from models. No trade is ever made because someone walks into the trading room and says, hey, let's buy IBM as a short winner or anything like that. We got too much Google. It may be that we had too much Google, but nonetheless, he might have been right.
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Transcript
