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Ep. 688: Bob Enck Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Correlation in Trend Following

In October of 2008, alternative managers smashed record alpha out of a time where everybody else is in pain and here are the trend following traders just do fantastically well. If you look at any of the big kind of global crises that we've seen, this category has done extremely well. Almost every time there's a global crisis, the category does well. The short-term setbacks, no one that really knows about the category, expects the short-term benefits of trend following to kick in over days.

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