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Ep. 887: A Trend Following Firehose with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Random Number Generator

The exercise was to simulate 200 random strategies with a target return of zero. Every single one has no skill, has purely generated numbers and a 15% volatility. The idea is that just by pure random chance, you're going to see strategies that look great.

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