Why does trend following work? Here is the first part out of ten from russell sands video “turtles down under”. In my opinion, it is the best part compared to the others and contains very useful information for a trend follower.
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Eight ordinary people are given a million dollars, a fortnight of intensive training and two months to run their own hedge fund. Can they make a killing?
The experiment reveals the inner workings of a City trading floor. The money is supplied by hedge fund manager Lex van Dam: he wants to see if ordinary people can beat the professionals, and he expects a return on his investment too. Yet no-one foresees the financial crisis that lies ahead.
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A videoclip about the book “The Talent Code” by Daniel Coyle.
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