Ep. 931: A Crazy Damn Year with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Best Returns in Life and Markets Are Lumpy
When John Henry was managing money lots of money usually more money than everyone else he gave a handful of speeches over the years that were just incredible. Morningstar recently did some analysis of real traders and they did some hypothetical analysis to see if the hypothetical match the real traders. The opposite was true those people over who did not have a five or ten year really bad period they were not none of those guys were in the top 10% it's mandatory to go out there.
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