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Ep. 177: Brad Rotter Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

Why I'm Getting Out of Hedge Funds

I was asked to give the keynote speech at the Marhech Fund Conference in San Francisco. I literally had figured out what I was going to say, you know, minutes before. The set of available returns available in the hedge fund market were not going to be worth the fees that were being charged to gather them. You've got to separate strategy and the Wall Street fees business and then make judgments about each of those in separate ways.

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