Ep. 638: I Walk the Line with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Unpredictability
We have this diversified tracking portfolio. We wait for markets to take off at the beginning of the year, and we don't know which ones are going to take off. What this leaves you with is unpredictable performance. You can't say I want 1% a month. Anyone that tells you they want 1% or 5% or 10% a month, reach for your wallet. Your wallet's gone. It's not in your pants anymore.
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