Ep. 969: A Speculative Reminder with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Dangers of Trend-Following
Nassom Talib: How can someone buy high and short low and be successful for two decades unless the underlying nature of the markets is to trend? "I've seen year after year brilliant men buying low and selling high for a while successfully, and then going broke because they thought they understood why a certain investment instrument had to perform in accordance with their personal logic," says Nassom Talib. Trend-following trader Paul Mulvaney made the point that everything that needed to be said about long-term trend-following has already been said.
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