About the Author
Fear touches everyone—even the successful people, the golden boys, the people who give the appearance of passing through life with their hands deep in their pockets, a whistle on their lips. To take on risk, you need to conquer fear, at least temporarily, at least occasionally. It can be done, especially if you look outside yourself for a strong ledge to stand on.
—Denise Shekerjian1
Michael Covel searches. He digs. He goes behind the curtain to reveal a state of mind the system doesn’t want you in.
Characterized as essential and required reading, Michael teaches beginners to seasoned pros how to generate profits with straightforward and repeatable rules. He is best known for popularizing the counterintuitive and controversial trading strategy, trend following.
An avowed entrepreneur, Michael is the author of five books including the international bestseller, Trend Following, and his investigative narrative, TurtleTrader. Fascinated by secretive traders that have quietly generated spectacular returns for seven decades, those going against the investment orthodoxy of buy and hope, he has uncovered astonishing insights about the right way to think, develop, and execute trend following systems.
There are many who find a good alibi far more attractive than an achievement. For an achievement does not settle anything permanently. We still have to prove our worth anew each day: we have to prove that we are as good today as we were yesterday. But when we have a valid alibi for not achieving anything, we are fixed, so to speak, for life.
Eric Hoffer
Michael’s perspectives have garnered international acclaim and have earned him invitations with a host of organizations: China Asset Management, GIC Private Limited (a Singapore sovereign wealth fund), BM&F Bovespa, the Managed Funds Association, Bank of China Investment Management, the Market Technicians Association, and multiple hedge funds and mutual funds. He also has the distinction of having interviewed five Nobel Prize winners in economics, including Daniel Kahneman and Harry Markowitz, and he has been featured in major media outlets, including the Wall Street Journal, Bloomberg, CCTV, The Straits Times, and Fox Business.
Take risks: if you win, you will be happy; if you lose, you will be wise.
Anonymous
Michael posts on Twitter, publishes a blog, and records his podcast weekly. His consulting clients are across hedge funds, sovereign wealth funds, institutional investors, and individual traders in more than 70 countries. He splits his time between the United States and Asia: