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Please enjoy my monologue Speculation Wins Today 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 we discuss:
- Why speculation is such an important concept
- The philosophy behind trend following
- Watching results rather than causes
- Cutting short your losses
- Timeless excerpts from as early as the 1800s
- The early beginnings of Wall Street
“Cut short your losses, let your profits run on.” – David Ricardo
Mentions & Resources:
- David Ricardo
- Stig Osgaard’s paper “On the Nature and Origins of Trend Following”
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