
Ep. 478: Desert Island Prices with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Make Money Up, Down, and Surprise Markets
The S&P is at its all time high. Can you imagine how you will feel if it drops 50% from here? We can't know exactly when, but we would be foolish to put our imagination to the side and pretend that everything only goes up. If you think central banks have fixed the waterways so that black swans can no longer swim in, you are certifiably 100% bad shit crazy. I see a time when those awake will understand how to make money up, down, and surprise markets.
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