
Ep. 241: A Cult-Like Indoctrination with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Introduction
With equity markets at all-time highs in USA, there's starting to be those justifications again. Tim Geithner tells the story of Warren Buffett approaching him after the Bear Stearns Rescue and saying he was sort of hoping you wouldn't do it because everything would have crashed. It's kind of like that OxyContin cocaine high while you're drunk out of your mind spending on crystal meth. Period markets at all time highs are not fun.
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