Ep. 905: Zuckerman, Gray and Holiday with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Structure of the Markets
I got a better sense for the fact that there's more order than we imagine in the markets. I became more convinced of that, that there are repeating patterns. But there isn't any like one secret. The Simons and his group don't trade like most others. It's all about relationship. They're up 66% a year since 1988 but they're somewhat humble because they get it right barely more than 50%.
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