Ep. 544: Serenity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Why Trend Following Does So Well When the Black Swans Hit
The black swan happens which is a outlier event of major consequence probably that has never happened before and it's gone like way beyond the realms of anything anybody's ever seen trend following at some point is going to pick up the move in that direction. To really make money you need those kind of real outlier events that really drive you know a Japanese young position and you're in it for the whole year or year and a half and you end up making hundreds or thousands of percent. That really pays the freight for a whole lot of losses and that's why I'm calling next money.
Play episode from 03:13:28
Transcript
