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Ep. 579: Mihir A. Desai Interview with Michael Covel on TRend Following Radio

Michael Covel's Trend Following

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The Importance of Pooling Risk

The notion of pooling risk so we can all have a better life is not evil. It's incredible, in fact, right? And it goes back to some of the most foundational things in human history from, you know, Roman burial societies to shipping to a lot of insurance. You know, maybe it's a great place for you to jump off there. But I kind of do a little bit of this in the book, which is the insurance that used to happen was actually alittle bit of exposed insurance.

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