Trend Following With Michael Covel

Charles Faulkner is back on the podcast today. Faulkner is an author, trader, and international expert on modeling the knowledge and performance of exceptional individuals. He was originally featured in “The New Market Wizards” by Jack Schwager. Faulkner has had one of the most popular podcasts on Trend Following Radio. His new work is centered on deciphering the complicated from the complex. Warren Buffett recently said, “In terms of crypto currencies, generally, I can say with almost certainty that they will come to a bad ending. When it happens or how or anything else, I don’t know.” What does Faulkner make of Buffett’s prediction? With all this new technology and language most will turn to others for advice. Unfortunately, there are a lot of fortune tellers pushing agendas. The idea of forecasting is to make people move. It is a way of getting people into action and doing things they would never do if they knew the truth. “Why can’t the magical thinkers be accurate?” Charles points out that unfortunately