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Ep. 627: Charles Faulkner Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Complexity of Reality

One of the greatest investors ever looking at this fascinating new space saying no way, and then all these young people making a ton of money saying yes way. So there's these two movies going on with this interesting new subject. And I'm reminded of a remark by Jim Rogers that I actually bought into when I initially heard it. He said that 90% of all long options expire worthless, hence options were not worth looking at. They're so interesting that this is the idea that reality is more complex.

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