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Ep. 572: Quant Hysterics with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How Buffett and Charlie Munger Transfer Their World

In 1987, Warren Buffett said black boxes don't work. He was talking about his insurance business at the time; it's no technology today. In 2017, he asks: How will Buffett transfer his world to a new generation of investors? "I've made a lot of fucking money with this black box," Berkshire Hathaway CEO says.

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