Trillion Dollar Bet, The Crash, Blackout

Three Must Read Transcripts from PBS:

People wonder where trend followers’ profits come from. They wonder who the losers are. The following 3 transcripts from PBS’ NOVA and Frontline series offer great background:

NOVA: “Trillion Dollar Bet (LTCM)”
Transcript:
http://www.pbs.org/wgbh/nova/transcripts/2704stockmarket.html

Frontline: “The Crash (LTCM)”
Transcript:
http://www.pbs.org/wgbh/pages/frontline/shows/crash/etc/script.html

Frontline: “Blackout (California & Enron)”
Transcript:
http://www.pbs.org/wgbh/pages/frontline/shows/blackout/etc/script.html

These are as relevant today as ever. Human nature doesn’t change. Trend following wins come from the same places…year after year.

Trend Following Products

Review trend following systems and training:

Michael Covel Trend Following Products
Michael Covel Trend Following Products

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