Ep. 618: Do the Work with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The New Paradigm of Stock Market Gains
If you believe that Trump is single-handedly responsible for the stock market gains, I must ask you what's your indicator to get out? Never mind that Mr. Buffett has said quite clearly that if you are not prepared to lose 50% in the market, you should not be in the market. When you're in a market bubble, the first half everyone gets right. Let your profits run on. Everybody is on the bubble. Everyone's on the train. The excitement is it's different this time. It's never different. There's absolutely no fucking way, ever different. It's always the same."
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