Trust, But Verify … Is Always Prudent

Feedback in:

I am currently reading “Market Wizards” and came across an interesting quote by Michael Marcus, who said, “I do believe that trend following systems are doomed to mediocrity. I believe that the era of trend following is over until and unless there is a particular imbalance in a market that overrides everything else.”

That book was written over 20 years ago. What has happened since?

The Author