AIG Criticism of Trend Following from Geetesh Bhardwaj; Say What?

I came across the title of a recent paper taking a stab at trend traders [commonly referred to by the regulatory name of Commodity Trading Advisor]:

“Fooling Some of the People All of the Time: The Inefficient Performance and Persistence of Commodity Trading Advisors”

I have not seen the paper yet, but I did notice the author Geetesh Bhardwaj is of AIG Financial Products. Awesome, I can’t wait to hear what someone from AIG Financial Products, part of a firm that just took $150 billion of taxpayer dollars to stay afloat, has to say about a strategy (trend following) that actually makes money without the government propping it up.

Next.

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