All these years later, all these stories later, and CNBC still has a difficult time explaining trend following to the masses. One good excerpt:
Funds managed by ISAM, Cantab, AHL, Systematica and others produced double-digit gains over the first three months of 2015, according to private performance figures obtained by CNBC. “Trend followers and other macro investors clearly outperformed,” said Robert Christian, head of research at K2 Advisors and Franklin Templeton Solutions. “What’s carried people is just classic, good old trend following.”
Note: ISAM is Larry Hite’s shop. One of my favorite no-nonsense trend following pros.