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Ep. 629: Annie Duke Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Bets in Trading

Every single decision we make is a bet. We're taking whatever limited resources we have and again, it doesn't have to be money. And so when I make a decision that's driving me toward a particular set of futures, I'm saying that the A that exists will be better off than the A in other options. They're really bets against ourselves,. best against different versions of future U, alternative versions of U that might occur in the future.

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