Ep. 515: Epic Trend Following Episode with Michael Covel
Michael Covel's Trend Following
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The Importance of Benchmark Selection in Asset Management
When you're a pure, let's say, equity only, buy and hold, index, person, index investor, you really are kind of pretending that it's never going to go down. But the objective evidence says we're going to have those 50% melt. I sometimes wonder how this conversation doesn't open up more honestly to where both types of things are going to be.
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Transcript
