Why Can’t You Add Fundamentals?
Last Friday after giving a presentation to a mostly fundamental crowd, there was a question and answer session. One of the questions was essentially, “That sounds very promising, but why can’t you add a fundamental perspective for entries and exits on top of the trend following approach and do even better?”
The question was not meant to be negative to trend following as the questioner seemed genuinely interested in the subject, but rather I thought it was an attempt to cling to what someone knows best. I have yet to find any mechanical trend follower with a discretionary fundamental overlay. The closest I would know of someone who fits that category would be Paul Tudor Jones.
