Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Serenity of a Money Manager
David Harding: My view of my job as a money manager was to manage client assets. So when I talk to clients and I ask them what they like and what they don't like, it's very self-defeating from the standpoint of clients making actual returns on investments. It comes down to something I determined very early on in the process that it was my job to try to make the clients as good a client as I could. When you do that, you start designing your strategies around the client, not around you. Now because clients had a lot less risk tolerance than I did, it indirectly fed into my quality of life because I created strategies that were a lot tamer, that
Play episode from 02:14:08
Transcript
