Michael Covel's Trend Following Ep. 1335: Thinking for a Living with Michael Covel on Trend Following Radio
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Apr 21, 2025 Eric Crittenden, a trend-following managed futures trader at Standpoint Funds, shares insights on disciplined investing and the importance of independent thinking. He discusses evolving investment opportunities for everyday investors and the role of failure as a learning tool in both finance and sports. Crittenden emphasizes the significance of preparedness in navigating market risks and explores the impact of AI on financial analysis, while also touching on personal lifestyle changes and societal health trends.
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Adapting to Regulation Shift
- Eric shifted from hedge funds to mutual funds due to regulatory changes allowing more transparency.
- He prioritizes running a simple, sustainable product over chasing quick riches.
Risk-Seeking Winners Are Rare
- The fame of high-risk, fast-success personalities overshadows countless failures invisible to the public.
- Risk-seeking strategies have a low success rate despite inspiring narratives.
Don’t Worry About Timing Risk
- Agonizing over market risk timing is futile without a solid plan.
- The best approach is preparing and sticking to a disciplined system with risk controls.
