“The financial industry can’t acknowledge trend following to work…”

Feedback in:

Hi Michael, Thanks for your interview with Tom Basso. Enjoyed listening to it.

I met with my finance guy yesterday, and with that recent visit in mind, it dawned on me. The financial industry can’t acknowledge trend following to work. Why? The majority of people in the industry would be lost. They don’t know how to do it. The industry has to maintain the “on average” thinking, meaning “on average” the markets go up over time. It’s crazy how their answer is “they always go up.”

Take care,
Matt P.

True.

Filed under Trend Following