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Ep. 1195: A Mechanical Way with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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. The other way of thinking about this is when something happens either when you make money or lose money,. there's always a question that everyone asks whether or not it's Intel. Many people at Cantab or our investors are generous to, why did this happen? And what we try and do is approach the problem from the perspective of the reason why this happened was chance.
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