Ep. 354: The Babe Ruth Effect: Frequency v. Magnitude with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Liquidity in Venture Capital
The Babe Ruth effect can be seen in venture capital, the Babe Ruth effect is certainly in trend following trading. The ability that when you ultimately want to have your cash back, if you're trading liquid instruments on an exchange and of course there's no guarantee in the world could go to hell on a hand basket tomorrow,. Overall, regulated exchanges, highly liquid instruments, you have a chance to get your cash out when you want it.
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