Timeless Seykota

Please listen to my Ed Seykota podcast, but also recall some timeless Seykota wisdom:

1. “Win or lose, everybody gets what they want out of the market. Some people seem to like to lose, so they win by losing money.”

2. “Fundamentals that you read about are typically useless as the market has already discounted the price, and I call them “funny-mentals”. However, if you catch on early, before others believe, you might have valuable “surprise-a-mentals”.”

3. “If you can’t measure it, you probably can’t manage it… Things you measure tend to improve.”

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You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.