4min chapter

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#23: Jerry Parker On Finding Your True Calling In Life And The Markets

Superinvestors and the Art of Worldly Wisdom

CHAPTER

How to Explain Trend Following to the Average Investor

You have a hard time explaining or convincing people of the power of trend following to just the average investor. The less is more I think if you don't want to understand it you won't and so I think it's probably a really good idea to limit your losses proper money management. You've heard a million hedge fund people talk about that certainly diversification is a key currencies commodity stocks bonds long shorts we can put together a portfolio that's very diverse in the momentum does momentum work.

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