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“I don’t see why it would matter what calendar month you do trend following…”

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Hi Michael!

This is my first letter to you! First of all, I’m a big fan of your pod. I deem it to be a big part of my work to listen to good pods to be a better investor and person. And yours is probably top 3 of all. And that’s from a list of over 100 pods.

So to my question regarding pod no. 638 “Walk the line”. You say that trend-following is to “start out the year” testing several objects.

I don’t see why it would matter what calendar month you do trend-following. One might want to start out in July. Maybe you just meant it figuratively and I am misunderstanding you here.

[Name] from Sweden

BTW, glad that you show your politics from time to time.

Figurative!


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