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Ep. 596: Rob Arnott Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Adding Value With Diversification

The idea of tactical now it goes beyond stocks and bonds. If you have 10 diversifying asset classes all lightly correlated, you get almost 10 times the advantage that you get with having one. It's fun when you think about the opportunity to add value with broader diversification. The opportunity is huge, especially right now because US bonds are priced to give you half a percent real.

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