AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Ep. 1026: Richard Brennan Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Real Game Changer in Delivering Returns in the Long Term
If you have the wrong kind of model, you're not going to benefit. The constraints applied by the model is key because the market itself holds the opportunity. In two thousand and eight when we found that the markets actually were all correlated, all started going in the same direction together, trend followrs with their systems happened to be in that right direction. We doubled our returns a hundred % in two thousand and 8 this wasn't the small hat we used to to day of one % up, one % down. This was a doubling associated with a non linear market feature. But our systems were the things that extracted that edge from that market. When i look at what trend following models do,
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode