Ep. 935: Trends, Psych and Felonies with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Impact of Branding on Markets
The way markets are being driven also is to a loss attempt by factors that should not really drive markets, but they do so for a short moment of time. Whether you talk about a flash press, what is really the outcome of people doing something and nothing else than that? For a fundamental investor, let's say a fundamental active investor, you have to be able to withstand that force because this can drive the market for a long time in a wrong direction. Ultimately, it will go in the right direction, but it makes it more harder for active investors.
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