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Ep. 916: JC de Swaan Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Increase Virtue in the Investment Industry

How do we get to some of this increase in virtue, especially when these young people that you're talking about entering that structure and those sets of incentives? I want to be realistic. You can't walk into Barclays or Morgan Stanley or any investment bank and then decide on your own to reshape the way they do things. Maybe it's as simple as asking questions because the challenge is not about, I think, finance professionals knowing that they're extracting value from society, but at times not being aware of it.

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