
Ep. 118: The Trends of China with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Fundamentals in Value Investing
Paul Tudor Jones: China's regulatory authorities promote the idea of value investing. He says they asked him to delete a slide from his presentation that said Fundamentals Are Religion. The host firm sponsoring my speech could have suffered repercussions if he had used it, but he didn't want to use it and respect their decision. "Price action is much more important" than what people see on TV or in movies, Paul Tudor Jones says.
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