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Ep. 975: Alex Krainer Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Failure of the CTA's

Alex Castellanos: It has always been and it always will be a sequence of feast and famine. If you look at why CTA is underperformed over the last 10 years, it's because they're diversified across all these markets that didn't go anywhere for these 10 years. He says if you fish in waters where there's no fish and you come up with nothing, doesn't mean that you're a bad fisherman.Castellanos: That's just simply the environment.

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