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Ep. 806: Vitaliy Katsenelson Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Market Timing

"I believe that models overall cannot time the market. We have a very good at buying at the top and selling at the bottom," he says. "What quality means to us has been kind of rethought our definition of quality" The firm's accounts are only 30% invested, but they have 70% cash waiting for opportunities,. It's just certain pockets of the market would have to decline for us to be more invested.

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