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Jeremy Grantham Maps Out Why Trend Following Wins

Noted value investor Jeremy Grantham maps out why trend following wins (PDF) — which I am sure was not his intent. He seems to think like my style of trend trading, even though his way to get there is quite different.

Note: Shout to www.pragcap.com for finding the PDF.


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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.