Ep. 723: Harold de Boer Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Academics Are Turning to a Different Direction
Harold: It's got to be interesting to watch this community of folks across academia and Wall Street talking about efficient markets over the course of your career. The academics are turning to a completely different direction I would even want to call them academics anymore many of them look at the amount of articles that has been published now that are really nothing more than pictures to details if you did such a thing in let's say 20 years ago there will be no result nowadays 10 years or something happens more and more you see articles being published with assume no market impact. Harold: Market impact is the only thing that moves markets and as an investment community we have to take that into account We should never neglect in the
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