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“Trend Following is a much broader doorway to how we think and don’t think…”

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Please pass on to Mr. Covel that I am 49% through his educational and entertaining book. I have only found one typo, albeit significant, but the book is excellent.

Thanks. Typo? Which book?

That was funny. Your email ended at ‘best’ on my screen, until I screened down and saw. It was humorous because I thought, given your creative writing style, with editorial perfectionism, you could not let the typo pass. For a moment I thought you had let it pass and could not believe it. Then the postscript: “PS. Typo? Which book?”

It is in ‘Trend Following’. Very well written, thank you, and insightfully entertaining with the quotes from other brains. I have also read, “The Complete Turtle Trader’. It was also well presented and enjoyable reading. Although ‘Trend Following’ is a much broader doorway to how we think and don’t think. The quotes you have presented in ‘Trend following’ are, for the most part, literary treasures in their own right.

I am on the west coast. It is time to close down and go help my wife and our visiting son, with dinner. I will look back through the book tomorrow or Sunday and tell you what and where it is.

Thx!

Section 6 Human Behavior > Page 195 · Kindle Location 7674

The book, ‘Trend Following’ reads: As these examples show, risks must considered in the most ordinary of situations and high-pressure environments alike.

To my mind, one of the outstanding characteristics of your writing is the graceful flow of the detailed presentation; which is rare in a non-fiction (hopefully, haha), technical subject. For that reason, the typo is an interruption to that flow.

I am only half way through the book, but a question, if I may. Is it possible that any current phenomenal success of your cited trend traders is related, at least in part, to the size of their positions creating, sustaining or enforcing the trend of their investment selections?

I was surprised to see Mark Spitsnagel ‘Dao of Capital’ mentioned in your book. His writing put me on to reading Henry Hazlett, ‘Economics in One Lesson’ and Ludwig von Mises, ‘Human Action’, also quoted in your book. Of Hazlett’s book, Spitnagel says, it is the one book he would want his kids to read. I opened Hazlett’s ‘Economics in One Lesson’ on a Saturday and finished it the next day. It is rewarding to me to read their works and yours.

Thank you and best wishes for a good day for you.

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