A reader writes:
For any strategy you can find dozens of funds with extraordinary track records, but nobody talks about the hundreds of funds that have disappeared due to poor performance or blow-ups.
For any strategy? Oh really. That is 100% bull.
Bottom line, your comment implies that all trend following firms and traders are created equal. There are reasons why, for example, some Turtles failed. And hey guess what? I drill into those issues with painstaking detail. So, sure people fail, but go do your homework and find out why. I know why people fail at the game and have been helping people for a long time to put the odds on their side.