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Ep. 26: Mebane Faber Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Three Determinants of Portfolio Performance

Author: "There's three determinants of portfolios performance, it's asset allocation, market timing, and security selection. We said we want to demonstrate what's kind of been some of the best methods in each one" The Yale model is not just investing in US stocks and bonds, but diversifying globally across all asset classes.

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