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Ep. 63: Darren Kottle Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Taking Risks in Oil Exploration

Shreveport in itself was very entrepreneurial. I would hear these stories about how he started with a practically just a folding table and selling parts to the oil rigs and crew into actually a very prosperous business. So those stories along the scene, the oil operators go out and raise capital and really risk at any point in time risking their entire net worth on the next venture. It was pretty fascinating to see...I've actually even taken time to kind of go back and really understand what was going on because I think growing up as a kid I didn't necessarily understand all the nuances.

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