Trend Following With Michael Covel

My guests today are Larry Hite and Alex Greyserman.  Hite is a hedge fund manager and is one of the forefathers of system trading. He was famously featured in the Market Wizards book. A few years ago he started ISAM with Stanley Fink. Greyserman has 25 years of experience in the CTA industry, and was originally hired by Larry Hite at Mint. Greyserman is Chief Scientist at ISAM (PhD in Statistics). He is also a professor at Columbia University. The topic is Trend Following. In this episode of Trend Following Radio we discuss: Singapore, and Covel's recent excursions in Asia How the game has stayed the same despite zero interest rate policy What people are missing when they say "trend following is dead" How you'll never get perfection Their 800 year study, the premise, and what was found out Measuring human nature The difference between divergent and convergent strategies Risk management Having "perfect" knowledge Using long trends and getting whipsawed in shorter trends The asset class of trend following comp