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Ep. 697: Jerry Parker Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Embracing Pain

"I think the vast majority of us, you know, embrace the pain. It's a good sign," he says. "But only should you not feel bad through extended periods of bad performance." He adds that crisis alpha makes no sense and is an idea invented by some people who don't really like CTA's crisis alpha. 'You've got a dysfunctional portfolio with no risk control'

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