Ep. 353: Steve Burns Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Maximize Profitability
A lot of the professional money so to speak with a mutual fund managers and the head fund managers they can't even beat the sb 500 index much less be getting fees on top of that now. I just like he said that's just there they don't know anything special and that and look that's not that's not hating because if if if the roles reversed and you and I were running the fidelity family of billionaires made off fees for not beating the s&p then it would make no difference, right? So from a pure just being objective about it they don't beat the market. Yeah for the math just for the math alone it's just that's just reality and they get paid
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