Ep. 732: Speculative Wisdom with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Dixon Watts Aphorisms
In the rear of Dixon Watts book, he has some aphorisms. These are just great, absolutely spot on and timeless. Imagination is as great a power in business as it is an art in literature or religion. Stubborn men don't live long financially. Trust your impulses. Look after the principal. The interest will look after itself. To be greedy is as bad in business as in morals. Quick decisions are the best decisions. When you begin to doubt, begin to get out. Thought and act should be hyphened. If a speculation keeps you awake at night, sell down to the sleeping point. Human nature is human nature. Just because we are in 2019 does not
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