I got into the business from Robert Allen’s ‘Nothing Down’. From there CD’s from Dave Del Dotto’s infomercial. Good info on how to structure transactions in a creative way. Since then bought/sold close to a dozen properties without the use of a single bank. I like working with my hands, so remodeling ugly houses was fun. Then moved on to taking over late mortgages on pretty houses to finally just flipping contracts. Prolly invested close to $50k for all the various trainings over the decades. It’s a trap to confuse the messenger with the message. Insights can happen at any time and even a homeless person can be a teacher in a profound moment. In prospecting, one thing I did discover is the most effective way to get someone to call. It blows direct response rates out-of-the-water. Yeah, that little gem of know-how is worth well over $50k alone.
What crap performance? Trend-following has never been better, Zenostiffler. And it will stay that way, as long as traders make emotional trading decisions based on fear and greed. Stock and commodity brokers hate trend-following, because they don't want the traders/investors to think that they can make their own trading decisions with simple trend following rules. On the contrary, they want us to believe that we need them, because trading is "complex" and "difficult" and they are the "experts". Pure, total BS.
I remember those info commercials on at 3:37am after everyone was sound asleep. Loom how long these schemes have been going on for and still today people fall for such garbage
As to the state of Trend Following, it will suffice to give just a couple of examples. I have always greatly admired the intelligence and approach of David Druz of Tactical Asset Management over the years. I have spoken to him several times and have been an investor in his funds. I have invested in the past in many other trend following funds on a professional basis. Tactical has achieved a compound annual return of 7.7% over the past decade. A mere shadow of its former self and for an enormous volatility and draw down. David Harding of Winton has moved away from trend following. In risk adjusted terms an investor would have fared far better over the past decade simply leaving his investment in a 60/40 portfolio. Few "traders" will wish to see the point. But that of course is entirely their prerogative.