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Even in this stellar year for trend-following, media are still trashing CTA (trend-followers) with the 1998 LTCM label. https://www.youtube.com/watch?v=5fbW3yABwec
54:20 – Very quickly are you levered up? I mean come on. Nobody’s listening Katie. You could tell me are you 3 to 1, 20 to 1. Are you doing a 1998 redux?
At least the guy was polite enough to congratulate on the performance but his sarcasm for the last question was mind-blowing.
1998 was LTCM. Trend following made a fortune in 1998.
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