Ep. 440: My Sins My Own with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Power of Numbers
Basketball coach Brad Stevens is a master of using statistics to help his team win games. Investing, on the other hand, can't be taught by numbers because Wall Street has its own system that teaches investors how to lose their money. A buy and hold mutual fund long only is not value. That's a scam pulled over on people that don't know better. You have to think through all the possibilities, know the probabilities and be ready.
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Transcript
