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Blast from the Past CATO White Paper on Long Term Capital Management

Kevin Dowd once offered great insight on Long Term Capital Management here.

A great reminder.


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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Ep. 482: Two Takes with Michael Covel on Trend Following Radio

Two Takes with Michael Covel on Trend Following Radio
Two Takes with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue Two Takes with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • The tulip bubble
  • March 2000
  • Fall of 2008
  • Financial instability hypothesis
  • Trend following philosophy
  • Behavioral economics

“The only way to eliminate market bubble’s and crashes is to eliminate people.” – Michael Covel

Mentions & Resources:

Listen to this episode:

Want to learn more Trend Following? Watch my video here.

Ep. 464: The Next Brexit with Michael Covel on Trend Following Radio

The Next Brexit with Michael Covel on Trend Following Radio
The Next Brexit with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

Please enjoy my monologue The Next Brexit with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

In this episode of Trend Following Radio:

  • Boom and busts
  • Brexit
  • Certainty in markets

“Certainty in markets, that is the delusion. That is the media cacophony.” – Michael Covel

Mentions & Resources:

Listen to this episode:

Want to learn more Trend Following? Watch my video here.

Long Term Capital Management; Never Goes Out of Style!

Feedback in:

Hi Michael, I am a trend-follower from Norway (the cold country in Europe!), for about 5 years. I just wanted to thank you for all the great information and books you are writing/providing. I have been trading the markets for about 10 years, but the first 5 years with losses. After the first 5 yrs, I sat down and did a great job of analyzing my mistakes, and with Amazon’s help, I found books that led me in the right direction (Starting with Reminiscences of a Stock Operator). I recommend this video [see video below] about LTCM. Very interesting. (related to risk management and black swan events). Thanks again.
Best regards,
Niels

Thanks! If you have not watched it–watch now.


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Bailout Nation Started in 1998 with Long Term Capital Management

Bailout nation started in 1998 with the bailout of Long Term Capital Management (LTCM). Here was their annual report (PDF) that made them the darling of the investing world back in the day. Why bring it up today? LTCM is arguably at the root of current 2012 chaos. The first cut so to speak.

Shout to Barry Ritholtz for the title borrow!


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.