Quote from Trend Following:
I am always open to hear others' opinions about why some Turtles failed. Do you have a view?
Because some were not able to stick to the rules. Some were second guessing if I remember well.
Or do you mean to say: some failed AFTER the turtle experiment and why was that?
Well THAT might have to do with entrepreneurial skills. When you want to attract money for example, a smooth talk, a convincing personality and so on are very usefull.
But with trading it has nothing to do. I know of some people with excellent entrepreneurial skills who failed miserably in the markets. When you have to do with people all those above mentioned characteristics are very uselfull to put things to your hands. But markets are not impressed by "entrepreneurial skills" they are not impressed, they sweep you away just as easily.