Ep. 977: Trend Following Kick Ass Reminder with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Pros and Cons of Trend Following
The firm will give the researcher what's known as a random partition of the history of the data. The researcher will then test the economic idea, and this is the so-called in-sample testing. Then there's a further stage where it will be invested in, but only invested with internal money. So it's multiple stages that you actually have to go through until it gets to client. All the incentives are running the right direction to do the best possible thing for your client.
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