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Ep. 723: Harold de Boer Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Identify a Bad Investment Manager in Commodity Markets

A lot of investment businesses that are offering long only positions in commodity futures. Some of them present all kind of semi-academic stories behind why being long in a commodity future would give you some kind of risk premium. These stories are just completely wrong and they can prove wrong if you just look what happened with wheat from 1970 onwards, he says.

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