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Ep. 334: Correlation with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Benefits of Combining Berkshire Hathaway and Drury

Drury 11.3 percent rate of return Berkshire Hathaway 10.4 percent return combine the two 50 50 50 percent allocation of each. You now get a return of 10.9 percent, but your standard deviation drops to just about 20 percent. The correlation between the two investment streams is 0.01.

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