Ep. 674: Trend Following Mega Fifth Edition with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Origins of AHL
In early 80s I started working with Mike in 1984. He was working for his father from early 1983. The earliest AHL track records stretches from 1983 to 1987. There is no one moment where we said, ah yes, we have created the great imitator of who was around in those days. As we started things we didn't know there was that US industry. In fact blood is thicker than water. Michael's dad actually lent Michael 20,000 pounds that we spent on computer gear and rent until we had generated enough fees that we could go and rent our own office and pay him back.
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