Ep. 544: Serenity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Negatives of a Trading Strategy and Money Management Business
I think sometimes what happens is that the money management gets blended into the two of them and like here you describe your life today, your life today is a, is one man, no staff and a nice life. So I think it's sometimes you need to step back a little bit for perspective on this kind of thing. And I think John Henry is a good example. He ran a little bit more leverage than, than I would have run. But some people just don't and then the return sort of gets diluted over time.
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