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Ep. 560: Arrogance with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Arrogance of Bitcoin

Tiger Woods is a 40-something billionaire. He has all the money you can imagine, but he refuses to get a car because he's bigger than the system. Extrapolate this out to Bitcoin. What's gone up 50% in two weeks? By the time this podcast airs, it could go up 100% or it could go down 100%. None of us have the ability to know exactly where any of these markets are going.

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