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.
More from Michael Covel: Books · Podcast · Trend Following course
Learn the rules behind trend following, and the systems to apply them.
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