Deepak Gurnani on Building Winning Investment Strategies
Macro Hive Conversations With Bilal Hafeez
00:00
The Evolution of Trend Following Strategies
The essence of trend following is if the price is going up or down, you follow that trend. The extent to which you can capture both the upside move in the markets as well as the downside move gives you a measure of that particular strategy. Trend following has an attractive property of strong returns and positive convexity. But at the same time, I think the point that we made in the paper is that not all trend following strategies are the same.
Transcript
Play full episode
