Ep. 42: The Happy Passenger with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make 1% a Month
The only folks that can make 1% a month every month were Bernard Madoff, long-term capital management. If there is no play, you don't move. You're looking for that kind of asymmetric where frankly, and this is when you look at Michael Burry, who made the classic subprime bet against subprime. That's what trend following is attempting to do.
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