We have all heard the timeless adage “Cut your losses, let your winners run”, which forms the central tenet of Trend Following. Proverbs travel through generations and their origins get lost, so I was quite interested when I found out about an 1838 book, The Great Metropolis, Vol II by James Grant, tracing back the […]
Entries Tagged as 'David Ricardo'
Eighteenth Century Trend Following and More History
April 11th, 2011 · 20 Comments · Trend Following
Tags: correlation·David Ricardo