What’s a book about trading/trend following doing on a deep value blog?
I read this sometime last year, it’s basically a behind the scenes look at the story and the results of a group of trend following investors.
To cut a long story short, a wealthy and successful fund manager decided to do an experiment to prove that he can create super investors. He recruited people from all walks of life, with different backgrounds, educational status and seemingly completely different attitudes, yet by following his teachings, the bulk of them generated very impressive results.
The book continues to follow these “turtle investors” even after the experiment ended, and showed how some of them went on to set up successful funds in their own right.
Now, back to the title.Why did this book cost me $120,000?
After reading the book, I ...