6min chapter

Michael Covel's Trend Following cover image

Ep. 1169: Avoid the Noise with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Evolution of Richard Dennis's Turtle Experiment

In the early 1980s, Richard Dennis put out an ad for students to learn his trading methods. He selected a wide range of people from all walks of life and political leanings. The experiment proved that success in the markets is still perceived by many as a virtual IQ caste system. It's hard to imagine this legend has built up over the years but it should have taken more effort than Dennis allowed.

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