Ep. 941: Trend Following Perspectives with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Efficient Market Hypothesis
Gene Farmer: There's been this long academic debate about where the markets are efficient. I wanted to sort of take a different point of view, one that is somewhere in between but also tries to be well defined. Lee Ainslie: How did these great traders, these great managers with such different styles feel about your perspective? Cliff Asenis: They're just efficiently inefficient. Myron Scholes: We don't have enough time today to break apart all those different styles.
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