Michael Covel's Trend Following cover image

Ep. 16: Francisco Vaca Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Three Ways to Make Money in the Markets

"I basically retrofit the futures trading to the same framework that an insurance company has," he says. "There are three ways to make money in the markets": exploit some kind of inefficiency, provide a service and cheat. The only dangerous thing about it is that you never know when the inefficient is going to stop or be arbitraged away."

Play episode from 39:32
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