Trend following critic Geetesh Bhardwaj has provided interesting hypocrisy here (and for my new edition of “Trend Following”), but the email that came in below from a trend following CTA is a topper. As you read it keep in mind that Geetesh worked at AIG and has written a paper ripping trend following (while he worked at AIG):
Great stuff with Geetesh…Very entertaining reading. Here’s a bit of irony for you – we manage a significant amount of money for AIG and have done so for several years!
Not really a surprise.
Learn the rules behind trend following, and the systems to apply them.
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