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Ep. 390: Jim Simons Excerpt with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Make Money Trading Commodities

I was in my late 30s. I had a little money. I started trading and it went very well. I made quite a lot of money. It would peel like. I mean, I think it was peel like. But in looking at the data, after a while I realized, hey, this looks like there is some structure here. And I hired a few mathematicians and we started trying to make some models.

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