Ep. 1181: Counting More with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Accepting Reality
I think one of the most fascinating aspects to trend following is that the simple way that I'm explaining it today will cause a lot of people to be of the mindset, that guy Mike is full of shit. You cannot prove this idea of trend following wrong. The strategy as Stanley Druckenmiller said is to investigate and figure it out later. If you're crossing the street in Saigon Vietnam, that means you just start crossing the street. People say money doesn't buy happiness. But if you've got your basic bills covered and you can do productive things that you enjoy each day, your chances for happiness are going to go to the moon. Money buys a lot. Bies
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