2min chapter

The Compound and Friends cover image

High Conviction

The Compound and Friends

CHAPTER

The Achilles Heel for Trend Followers

Every investment strategy has an Achilles heel the Achilles heel for trend following is if what the cost is of staying bullish past the. bottom that's the risk if you're a trend follower. bears are the most bearish at the bottom or they sound the most convincing maybe because they have the most confirmation biasYeah i agree but because the news is terrible around that time just go back to 2020 it's black right the market bottoms on march 23rd march 23rd of 2020 we just shut downright. The biggest mistake people make is they think they have to be um all in or all out all the time, he says.

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