Welcome podcast listeners. We have a fantastic episode for you today.

Last year when we published the Best Investment Writing

Volume 2, we offered authors the opportunity to record an audio version of their

chapter to be released as a segment of the podcast and listeners loved it. This year we're bringing you

the entire volume of the best investment writing volume 3 in podcast format.

You'll hear from some of the most respected money managers and

investment researchers all over the world. Enough for me. Let's get to our guests and

let them take over this special episode.

Hi, this is Paul Mabelle.

I'm the co-founder and president of Investing for a living is the name of my personal

blog where I talk mainly about TAA strategies and quantitative investing. I also offered two subscription services, the Economic Pulse newsletter, which is basically a set of TAA strategies.

That combines trend following price signals with economic

indicators to improve the results of those trend following signals. And I

also run a quantitative individual stock service called called QuantPulse.

If you're interested in those,

please check out the blog at Investing for a Living.

US.

So today I'm going to read to you a piece called

When Models Fail.

So let's dive right in. When models fail, all models are

wrong, some models are useful. This is one of our main tenants at the Economic Pulse

newsletter. We know that our base TAA model, the SPY-COM system, will fail.

...