Trend Following With Michael Covel

Ep. 390: Jim Simons Excerpt on Trend Following with Michael Covel

Informações:

Synopsis

On today’s episode of Trend Following Radio, Michael opens up about uncertainty and uses one of his favorite writers to illustrate: Christopher Hitchens. Hitchens is certain that he doesn’t know, and sees doubt and skepticism as our only path to enlightenment. He invites us to open up to the possibility that doubt will always be in front of faith–whatever that faith may be about. Covel sees Hitchens insights well beyond religion, and connects his comments to his trading world.Next, Michael excerpts a recent soundbite from Jim Simons on Trend Following. He is one of the most successful traders ever. A great track record. 100% systematic. Uses price action. He is very clear that fundamental analysis is not his direction. How does Simons really trade? Will we ever know? No. Simons is tight lipped. Is Simons a trend follower? Does he use trend following at all? Worthy questions given his limited public statements. Covel digs into Simons recent comments about trend following asking the hard questions few are prepa