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Ep. 803: Rita McGrath Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Importance of Stopping

The idea of being able to stop is important. It reflects something I call option value, which is the value that you pay today to create a choice for yourself in the future. And yet when we look at how companies make investment decisions and make funding decisions, a lot of times they don't take option value into account.

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