Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Long-Only Positions in Commodities Markets
A long-term bet on commodities is a bet against technology innovation while we need and use resources I like to think that innovation wins out in the end. That was the final answer from Ben Carlson to the commodities question so this commodities question if you're an investor out there and you're taking long-only positions in quote commodity ETFs are you brain dead seriously why would you be a buy and hold investor in commodities?
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Transcript
