Michael Covel's Trend Following cover image

Ep. 259: Bucky Isaacson Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Early Years of a Managed Futures Firm

I was one of the first CTAs registered under that category. My distribution network was people that called themselves financial planners. I put together a series of partnerships and they registered as APs of my FCM at that time. And then Keith's parents got sick. He moved back to Baltimore. Chet, we all had made pretty good money. But the distribution network basically sold tax shelters. Mine wasn't tax incentive, but the distribution network went away because they went to selling mutual funds,. annuities, that type of thing.

Play episode from 06:52
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app