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Ep. 747: Safi Bahcall Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Theodore Vale's Idea to Connect the United States

In the early 1900s, AT&T's patent had just expired and there were all these little companies that started to rise up. The board of directors was a group of Boston Brahmins who'd been happily cashing the checks from this patent for years. A guy in New York named JP Morgan knew him, took over AT&T throughout the board,. brought in this guy named Theodore Vale. And he came up with this crazy idea: connect the country through one system.

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