The mutual fund industry is built around buy and hold. They don't want you to do anything else. Trend Following? They don't want that story out there as it implies you can actually beat buy and hold.
What tactic does the mutual fund industry take? Mutual funds call anyone or anything that does not adhere to a generally accepted benchmark -- market timing. Examples of their efforts can be seen in the following 2 PDF downloads:
Their only stated "option" is to buy and hold. The fact that Trend Followers approach the world with a drastically different philosophy and proven superior results is never mentioned.
Trend Following trading is NOT "market timing".
