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Ep. 365: Chris Clarke Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Hypocrisy of Low Risk

The NASDAQ in the late 90, 77%, the Nikkei went down 77%. The Shanghai's just dropped 30% in three weeks. So I always find it interesting that trend following gets this scarlet letter of drawdown. And apparently everybody else doesn't have a drawdown. Trend followers kind of expect these things to happen and plan for them. But you know, what large drawdowns are showing is that you've got a better chance of winning and surviving than someone who doesn't have big drawdowns.

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