Ep. 1171: Population C with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Relationship Between Trend Following and Fundamentals
It sure looks like to me that people in population C deeply believe what they believe. Back to the existential. Do we bet on that trend line? Or do we stand in front of the trend line and attempt to alter it? This is how trend following works. And markets don't move based on your understanding of them. Markets just move because when you have so many people participating in a game, betting, betting their beliefs,. Betting their money, markets are going to go where markets were going to go.
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