Managed Futures Education Center

— Michael W. Covel, bestselling author, Trend Following and The Complete TurtleTrader

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-From Chapter 11:

"To a nonsurfer, the brutal image of a shark attack, someone’s vibrant soul being ripped apart from flesh and body while the mind is still active, is a horrifying risk, enough to scare certain people away from the unknown of that which lies beneath. But the funny reality is that, on a cold statistical basis, there is a greater past probability of serious injury in the L.A. county beach parking lots than any injury inflicted from a shark attack. But never say never. Shark attacks, like investing risk, can surprise."

To read additional excerpts, click here.

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