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Ep. 364: Simplicity Trumps Complexity with Michael Covel on Trend Following Radio
Ep. 364: Simplicity Trumps Complexity with Michael Covel on Trend Following Radio
ratings:
Length:
37 minutes
Released:
Jul 20, 2015
Format:
Podcast episode
Description
An article recently appeared in Forbes, entitled “What Jurassic World Can Teach Investors About The Stock Market”. In it is an interview with Ben Carlson on why simplicity trumps complexity when it comes to investment strategies. Although not explicitly about trend following, the article brings up points about the poor historical performance of financially engineered assets and the superiority of simple systems.
In this monologue, Michael Covel talks about his desire to seek the truth, and the importance of taking personal responsibility for your actions. He also breaks apart the Forbes article on simplicity vs. complexity, and the logical reasons why trend following systems have historically performed better than others.
Also in this episode: the recent study that shows that metal-heads from the 80s are happier and better adapted than their peers.
In this episode of Trend Following Radio:
Why simple strategies are better than complex ones
The importance of defining your risk as a number
How risk and reward are two sides of the same coin
Why going for the average is a losing strategy
The difference between hiring a financial advisor and an trader
In this monologue, Michael Covel talks about his desire to seek the truth, and the importance of taking personal responsibility for your actions. He also breaks apart the Forbes article on simplicity vs. complexity, and the logical reasons why trend following systems have historically performed better than others.
Also in this episode: the recent study that shows that metal-heads from the 80s are happier and better adapted than their peers.
In this episode of Trend Following Radio:
Why simple strategies are better than complex ones
The importance of defining your risk as a number
How risk and reward are two sides of the same coin
Why going for the average is a losing strategy
The difference between hiring a financial advisor and an trader
Released:
Jul 20, 2015
Format:
Podcast episode
Titles in the series (100)
Ep. 5: Nick Radge Interview with Michael Covel on Trend Following Radio: Michael talks to Nick Radge (www.thechartist.com.au) author of the new book, "Unholy Grails". Nick has been trading and investing since 1985. During this time Nick has worked for numerous international investment banks and spent time on the trading... by Michael Covel's Trend Following