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Ep. 331: Douglas Emlen Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Arms Race

In the trading world, for example, all the rage right now is for people to have faster and faster trading. But there's a very sizable population of extremely successful traders that go just the opposite direction. This is exactly what you see in animals. You get the biggest males that are investing enormous resources in these things.

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