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Ep. 160: Peter Borish Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Start a Charity

In the first year of Robinhood, we gave away $62,000. 25 years later, we gaveaway over 110 million. The key is just like all economics, it's marginal and it's incremental. You have to start at the micro level. There has to be a demand for what you're trying to provide. If you're going to start an offer profit, it's just like starting a business. You haveto live and breathe and believe in it. At Robin Hood, we've been very fortunate because the quality of our staff has been outstanding and committed.

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