Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Knowing What's Going to Happen
When you see someone who is making the story they have a very few data points to go back to my original idea of how easily people build these maps and stories. In their own mind make this rich picture of how wonderful it all must be there recently I was looking stuff in terms of hedge funds, an article pointed out that there was a 90% correlation across all hedge funds which means there are at least a half a dozen different kinds of hedge fund strategies. They're all doing momentum strategies now what the name on the door says what they say they're doing. It goes back to the idea of the car that it doesn't matter if all you want to do is drive it but it does
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