Ep. 158: Simple Heuristics with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Account for the Remaining Uncertainty After a Stop Loss
A friend of mine, Frank Curzio, was somebody who walked into that question and gave an honest answer. He said, well look, I try to meet with management. If I can go visit the companies, that's going to help me. And he didn't try to say that he could eliminate all uncertainty. The classic example of going to visit a company and really getting the wool pulled over one's eyes is the classic Enron. They had a fake trading floor.
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