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Source:TheGreatMetropolis,TrendfollowingisoneoftheclassicinvestmentstylesThischaptertellsthetaleoftrendfollowingthroughoutthecenturiesNamed forThomasBayes(–),thebeliefisthetruestateoftheworldisbestexpressedinprobabilitiesthatcontinu-allyupdateasnewunbiasedinformationappears,likea pricetrendthatkeepsupdatingandextending DavidRicardo,legendaryUsingincontrovertibledataandoverwhelmingsupportingevidence,withadirect connectiontothefoundationsofbehavioralfinance,CoveltakesyouinsidethecoreprinciplesofAMulticentennialViewofTrendFollowingCutshortyour losses,andletyourprofitsrunonNewdatastaysconnectedtopriordata thinkofitchain-gangedtogetherpoliticaleconomistAlexGreysermanandKathryn Kaminsky