Trend Following with Michael Covel

Michael Covel is president of Trend Following, a privately owned research firm with clients in more than 70 countries. He is the four-time bestselling author of The Little Book of Trading, Trend Commandments, The Complete TurtleTrader, and the classic Trend Following. His books have been translated into 10+ languages and Trend Following was named best trading book of the last 15 years. His first film, a documentary, is Broke: The New American Dream.
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Sep 27, 2012 0

Michael Covel talks to Darren Kottle. Kottle is the CEO of Caddo Capital Management a trend following firm. He talks about his roots, growing up in Shreveport, Louisiana. Shreveport was an oil town and Kottle talks about the experiences growing up in an entrepreneurial town. Covel and Kottle also discuss Kottle's early experiences in the market, starting off in a discount stock brokerage; his experiences working with a Nobel laureate Kenneth Arrow at Stanford; the sources of trend following profit; George Soros' concept of reflexivity; the importance and believing in your system to the core; thoughts on investment banks; the pivot point for Kottle to fully embrace a trend following system; what the Turtle story did for him when he first heard it; uncertainty vs. being wrong; and the percentage of people that truly understand that "it's all reflected in the price". Special free DVD offer: www.trendfollowing.com/free.html.

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