Last week I met with Michael Covel, author and president of Trend Following, a privately owned firm specializing in trend trading research. Michael recorded our lunch meeting as he interviewed me about my experiences with the MIT Blackjack Team. We were both struck by the similarities and connections between trend trading and card counting. Expected return, risk management and a systematic approach are just some of the strong commonalities. Michael was kind enough to give me a copy of his documentary, Broke, along with several of his books. Since our meeting I have read The Complete Turtle Trader: How 23 Novice Investors Became Overnight Millionaires. It was a fascinating read and I hope to interview Michael myself to learn more about trend trading and how investors can best navigate the often treacherous waters of financial markets. More to come on trend trading as well as the amazing story of the Turtle Traders. Below is a link to the interview, part of Michael’s podcast.