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Ep. 278: Larry Swedroe Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Prepare for a Crisis

The key is your plan must anticipate that you will be subject to many crises in 2008 and early on nine during the middle of crisis things returned to normal. We had a crisis literally about once every two and a half years so you really need to be prepared. You want to make sure you don't take more risk than your ability willingness and need to take and handle. Plan B is what actions will I take to make sure my plan won't fail if those black swans show up or we end up like Japan for the last 25 years.

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