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Ep. 62: It Takes Two with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Find a Price

Jeff Yang: How do you find a price? It takes two once again. And it gets a little more complicated in the markets as I've mentioned, but that's what it's all about. There's another way to think about this too as I come into where I really want to go with this zero sum conversation today on trend following profits. But let's just think about the markets for a second.Yang: You've got all these variables going on, all these factors that affect what is going to be the price of, for example, the Dow Jones stock index. All these thousands, millions of factors, people, it all gets reduced magically down to one freaking number and nobody wants

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