Feedback in:
You’ll enjoy Rory Sutherland’s latest keynote.
His context is marketing, but as you’ll note around 14:55 mins in (where he recounts the bee research and Explore/Exploit model), you could credibly swap Explore with Trend Following, and Exploit with Index Huggers/’Managed Futures’/whatever.
Fat tails all the way. It’s in the maths.
Timely reinforcement of latest podcast debate with J. Parker & M. Seibert.
Thanks.
More from Michael Covel: Books · Podcast · Trend Following course
Learn the rules behind trend following, and the systems to apply them.
See the courses