Ep. 748: Not One Market with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Consistency of Life
I don't talk to these kinds of people on a regular basis. I think anybody that thinks life is a straight line, no ups and downs could be a fucking moron. And it's even more interesting in the sense that this guy is fixated on done, fixated on the risk that done is taking once consistent returns. In his conversation to me does not even bother to acknowledge the drawdowns of 50% twice that the S&P has taken in the last 20 years or to acknowledge that the NASDAQ dropped 77%.
Play episode from 06:20
Transcript
