Ep. 100: Things We Do and Don't Care About & Efficient Market with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Competitors
The reason that David Harding is successful is the man understands competition. Larry Hight might give the all-shucks kind of older Jewish guy from New York City a run for his money, but he wants to kick your ass. Michael Clark was running this massive hedge fund out of his house in Chicago. William Eckhart read a speech nearly 20 years ago and it doesn't make a difference what he said then versus what year it is today.
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