Feedback in:
“I always enjoy reading your newsletters and blogs about systematic traders trying to breakthrough with asset allocators – here is our most recent experience: We were asked to explain our investment philosophy in a short succinct note that could be passed onto management [Covel note: a fairly detailed PDF was sent]. The reply, ‘Sorry chaps nothing here about what skills you have in analyzing all these markets you claim to trade.’ How do you possibly convert those that do not want to understand? Thanks for the great work you’re doing for [trend following].” All the best, [name]
Analyzing! And of course they meant fundamentally… A nice reminder of where many keep their heads:
