Ep. 4: Mike Shell Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Problem With Asset Allocation Models
Mike Downey: The upside not being enough and the downside being too much, it can almost go like on the back of a business card of why you don't want to be a buy and holder. He says people hit their uncle point and with all the bad news going on, they just didn't stay in it. "That's what we got to realize is that that's what makes it not work," he adds.
Play episode from 53:22
Transcript
