Ep. 706: Blast from the Past with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Morality of Markets
A lot of people that don't understand markets and the benefits of markets often get upset when they contemplate the idea that there's a loser. But there's often a zero-sum nature of markets, he says. And how do people get so confused on how markets can be a negative thing? I'm not talking about crony capitalism or bailouts of banks, but good, honest markets. So let me jump into something specific. The morality of markets. A free market acknowledges the fact that people own themselves.
Play episode from 02:19
Transcript
