Ep. 581: Collin Seow Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Warren Buffett's Method of Valuing Things
I find people over across Asia are willing to accept the idea that let's put aside value. Let's just look at what the price currently is showing us right now and make our decisions based off price movement as opposed to all this other stuff. A lot of times when we talk about this comparative strength that is certain when the market is moving towards a certain direction those stocks they are valuable or so-called undervalue can remain valuable or even more undervalued but it will continue to drop. You really don't understand that you can't really just use valuation or PE ratio and some of this to decide what to buy just because it's cheap it doesn't mean that is the price will rise yeah
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