Michael Covel's Trend Following cover image

Ep. 383: Lawrence McMillan Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The History of Long Term Capital Management

The summer of 1998 was a pretty momentous time, especially for options guys. LTCM made the huge bet on that this spread was going to improve but it didn't and just took them under. It's always best to use options in that market, in that situation, because if you're wrong, you still can come out smelling like roseif both markets really let me know.

Play episode from 06:02
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app