Ep. 1143: Three Trend Minds with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Deal With Uncertainty
I love the way of dealing with uncertainty because it seems like until the last handful of years in the financial fund management arena, so many people desire certainty. I'm doing the best that I can, but I don't know and I really don't think anyone else knows. It's a great question. Why did this happen? And what we try to do is approach the problem from the perspective of the reason why this happened was chance. Very often, that's quite hard. You have a bad month or you have a great month. People say, well, what happened? Can I prove that it's any different from chance? Quite often, the answer to that question is no. But
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