
Ep. 965: The Tom Basso Book with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Ultimate Portfolio Diversifier
I'd like to go back to something that you both brought up too because you were comparing as you define it the asset class of trend following, the strategy of trend following. But the NASDAQ and the Nikkei are just individual markets that people can buy and hold. There's no thinking behind that; there's no risk management there. It's just buy andHold. Right? And I think that's what a lot of investors want to do. They want to take a strategy like your firm undertakes and they want to compare the strategy to a buy and hold market. But it's two different beasts. So to them, what we offer is the ultimate, the ultimate portfolio divers
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