This post recently drew this comment:
“Look, Winton is a terrific firm – better run than its three main competitors – Aspect, Bluecrest, and even AHL/Man (which is bloated), but this interview was almost doomed to fail. SquawkBox is, after all, a ‘stock picking’ program (along with discussions of macro news and some sectorial analysis) for CNBC. Kernen played dumb, certainly, but did give his guest the chance to outline their strategy, which, yes, is about ‘trend following’ in a certain sense. But reducing it to ‘trend following’ is missing the point: Winton Managed Futures is a long/short global macro fund. It’s fair enough to wonder if the London affiliate made a mistake in slotting that spot at all, as it’s not really what the viewers of SquawkBox want/need. The Erin Burnett interview of Harding was much better.”
Beyond the overall idiocy/ignorance/arrogance of this comment on multiple fronts, the line in bold really caught my eye. If I accept that Harding’s firm is a “long/short global macro fund” …what is this trading strategy he employs? “Everybody’s talking and no one says a word…”
NOTE: All 4 firms linked are trend following based firms.
