Trend Following Interviews
Just finished a trip to London. I interviewed three notables in the industry. One trader has a 15+ year track record and now manages over $1 billion USD trading as a trend follower. Before that number seems large (and it is) keep in mind that he was a one-man business but a few years ago. Another trader is relatively new to the public world and still runs a small and lean shop. He uses only the closing price each day and competes just fine with less data. Lastly, I spoke candidly with a professor who has written extensively on the subject of trend following trading. He agrees with me that to some degree many academics will have a hard time ever acknowledging the existence of trend following as it upsets the carefully crafted “efficient markets” foundation upon which they rest their reputations.
