Ep. 676: Markets and Profit with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Making Good Decisions
In the NBA, there are caps and those caps mean that LeBron can only make around 30 million this upcoming year. How much would LeBron make if he was on the open market? How much would all of the competing owners be willing to bid him up? A hell of a lot more than 30 million. Back to Elon Musk: Why did the BBC feel the need to take a pot shot at Elon Musk? Because they were jealous. This is the life that we're in the middle of right now. I raise these issues because you've got to figure out a way to cut through it all and make good decisions. That's one part of it. It is and what actually is not.
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