“Price comes first, and it’s the only thing that matters…”

Feedback in:

Hey Mike,

I’m listening to Bloomberg Ritholtz, and I wanted to leave you a comment.

In one part, you mention that you gave a talk for a fund in Asia and that Asians instinctively don’t believe in fundamentals.

I’m from Venezuela, and I think, I don’t look for the reason but I believe it’s because growing up in socialist environments, we grow up surrounded by lies. I don’t believe in fundamentals. For years I’ve been studying the markets, and trend following is what clicked the most for me.

Because price comes first, and it’s the only thing that matters.

True.

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