Blog
Latest from Trend Following
- September 12, 2010Managed Futures Describes an Instrument, Not the Strategy. It’s Trend Following
Wall Street types love to call trend following trading ‘managed futures’. That makes no sense. Futures are an instrument, NOT a strategy. The largest so-called managed futures firms are trend followers. If…
- September 10, 2010David Eckstein on Baseball (and Trading)
Jack Zaner wrote me today with a great quote from David Eckstein (2nd baseman for the San Diego Padres) about what it takes to play successful baseball in a pennant race: “The…
- September 4, 2010Amos Hostetter and Commodities Corporation: Trend Following Pioneers
The great wise trend following trader of Commodities Corporation was Amos Hostetter. He was the elder statesman and driving force of the ficorm. His success was immense up until his untimely death…
- August 19, 2010Stephen Bernard, AP Business Writer: Propaganda
Stephen Bernard, AP Business Writer, writes today: “NEW YORK (AP) — Stocks tumbled Thursday after two disappointing economic reports renewed investors’ concerns about the pace of a recovery. The Dow Jones industrial…
- July 21, 2010Michael Mauboussin: Untangling Skill and Luck
I have long posted white papers from Michael Mauboussin. Here is his most recent piece “Untangling Skill and Luck How to Think About Outcomes–Past, Present, and Future” (PDF). Mauboussin also happens to…
- June 29, 2010Francisco J. Vaca: Second Generation ‘Turtle’
For those familiar with my book The Complete TurtleTrader you know that chapter 13 is about trader Salem Abraham. Abraham is what I call a second generation Turtle — as he was…
- June 25, 2010Swing Baby! And Keep Swinging!
Ken at Top Breakout Stocks recently made a comment here about this WSJ article. What did he say? “Replace the word ‘strikeout’ with ‘taking a loss’ and ‘runs’ with ‘profits’ and it’s…