Ep. 257: Cullen Roche Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Optimism in the Investment Community
I ask you is it fair for a large part of the population to be concerned about what might happen next given then the last 15 years there's been two 50% down drafts in the S&P and it looks like as far as we can see into the future the idea of interest income has been removed off the off the playing field now. Those people out there that perhaps don't have your understanding of the intricacies of our banking system and I sure as hell don't, he says. Mike: It makes complete sense to embed some sort of hedging mechanism in the meantime that really protects your your savings and your portfolio from potentially extremely turbulent periods like 2008 or 2002 or 1987 period.
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