trendfollowing's Commentaries
Aug
17
2009
Rock and Markets
From Victor Niederhoffer’s blog on August 14th:
I next attended a Don McLean concert and heard his song American Pie, which reminded me so much of all the trend following books that I’ve read which did so much good 50 years ago and have been voluminous though completely out of date since. Apparently McLean was once a great, and had a hit song, the same way the large man once made a fortune by buying beans on the way up and shorting them on the way down.
Interesting. Not true, but interesting!
Tags: critics