Michael Covel's Trend Following Ep. 1335: Thinking for a Living with Michael Covel on Trend Following Radio
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Apr 21, 2025 Eric Crittenden, a trend-following managed futures trader at Standpoint Funds, shares insights on disciplined investing and the importance of independent thinking. He discusses evolving investment opportunities for everyday investors and the role of failure as a learning tool in both finance and sports. Crittenden emphasizes the significance of preparedness in navigating market risks and explores the impact of AI on financial analysis, while also touching on personal lifestyle changes and societal health trends.
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Don’t Tinker Strategy Often
- Avoid changing your investment strategy too frequently out of fear or envy.
- Stick with a tested system and only adjust when genuine evidence shows it's needed.
Markets Shift Nonlinearly Suddenly
- Financial markets can shift from linear to nonlinear suddenly with small triggers.
- These shifts cause unexpected and extreme events, disrupting usual market behaviors and rules.
Adapting to Regulation Shift
- Eric shifted from hedge funds to mutual funds due to regulatory changes allowing more transparency.
- He prioritizes running a simple, sustainable product over chasing quick riches.
