Episode Details
Back to Episodes
Ep. 668: Value Versus Trend Following with Michael Covel on Trend Following Radio
Published 7 years, 9 months ago
Description
Why do people love preliminary polls? How did we get to the point where people believe polls are the end all? Prediction in a world that has become chaotic and unpredictable is a waste of time. Is it media that has perpetuated it? Focusing on the actual election day results, or in trading terms – the price, allows you to not be preoccupied with surrounding noise.
Michael replays an interview he recently had on Porter Stansberry’s podcast. Porter is a value investor and Michael, of course, comes at trading from a trend following perspective.
Prediction
Value strategy
Trend following strategy
Price action
Diversification