Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Trade Commodities
A company called Commodities Corporation that was acquired by Goldman Sachs in 1997 for estimated to be around 100 million. Paul Tudor Jones, Louis Bacon, Bruce Cobbner, Michael Marcus, Ed Sicotta were all associated with the firm. The S&P can drop 50% and it has twice in the last 15 years. So don't talk to me about risk. I'm just some selected market or instrument. Those are the choices. That's the way you want to think about this game.
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