Ep. 488: Never Forget the Lessons with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Power of Knowledge
The big money in Booms is always made first by the public on paper and it remains on paper. The Nasdaq is basically at the same place that it was in the year 2000, 16 years later. Go back to the dot com bubble. A lot of paper profits that were never realized. It will happen again. I love this next one. You don't want to be playing this game broke. If you go broke, you're toast, you're gone. You're out. Got to take responsibility. No matter what we do, it's all on us.
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