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Ep. 678: A Peaceful Easy Feeling with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of a Trading Strategy

I think sometimes what happens is that the money management gets blended into the two of them and like here you describe your life today. John Henry is a good example. He ran a little bit more leverage than, than I would have run. But he was able to keep the business running for a long, long time. And in the end, everybody should consider what does John Henry want to do with his day? It's just a big liability. So why put yourself through that liability?

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