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Ep. 747: Safi Bahcall Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Fear of Death Is a Governor of Loon Shot Success

The fear of death seems to be a governor of getting loon shot success. FDR in 1940 understood that we were following dangerously behind and it threatened the well-being of the country, he was willing to take a chance on creating a new structure. Only the board of directors when they brought in Steve Jobs the second time around knew very well that they tried and failed to sell the company so they were willing to experiment with whatever jobs proposed.

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