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Ep. 498: Norton Reamer Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Efficient Market Hypothesis

The housing bubble of 2006 and so on probably could have been foreseen a little better than we did at the time. The book says, yes, there were some tremendous innovations created in investment management over the last half of the 20th century. On the other hand, as the market becomes broader it becomes more difficult to really have a performance over an extended period of time that is exceptional unless you're doing something entirely different.

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