Ep. 536: The Most Important Thing with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make Money as an Investor
In 1978, I got a call from my boss at Citibank, and he said there's some guy in California named Mike Milken. He deals with something called high yield bonds. If you've bought a bond on the assumption that it's perfect and it gets worse, then you'll lose money. The secret for success in investing is buying things for less than they're worth.
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