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Ep. 382: Dissecting Duplicity with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Accounting Standards

FT article rips trend following funds, also called commodity trading advisors or systematic macro funds. "There is massive evidence about the efficacy of trend following," he says. He has trouble finding experts on the history of accounting and doesn't think it's a serious problem.

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