Michael Covel's Trend Following cover image

Ep. 292: Christopher Cruden Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Donkey Work

I would credit myself occasionally I come up with a good idea, but rather like trades, most of my ideas are bad ideas. The great thing about being asked is that we're the whole to nobody. You see a hell of a lot more people describe themselves as trend followers and extend that to managed futures. That's okay because they're paid on assets under management. Do you see what I mean? There is a demand, supply and demand, the supply will rise to meet the demand. If, for example, trend followers over the next three, four, five years do really, really well, you'll see a lot of people re-matching on the terms of trend followers.

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