Ep. 304: Crude Oil Folly with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Defining Financial Decisions Regarding Oil
The answer is that you just can't say. Ditto for whether the response of the price of oil to the changes in fundamentals has been appropriate, excessive, or insufficient. Of course, you can't be definite, but if you have a system, you don't have to be definite. Definite's not the point. You just want a system that tries to keep your head above water and make money in the long term. I'm still excited about this subject all these years later. It is absolutely fascinating.
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Transcript
