Ep. 113: Risk, The Unexpected and Black Swans with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Manage Risk and Return
Risk is the centerpiece, that we can't manage returns. Yale has a meeting every year in which they think of everything goes wrong. They go through this whole thing by getting a worst case look. How long would it be before we come back to where we were? That's something that individuals should be doing every year as well.
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Transcript
