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Ep. 438: The Big Short Never Ends with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Bill Ackman's Loss on Valiant Pharmaceuticals

Valiant Pharmaceuticals stock falls to new lows. Ackman is apparently going to take a board seat on the company. Are you guilty of holding on and hoping, like Ackman? Or are you smart enough to never let a small loss become a big one?

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