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Ep. 763: Thales Teixeria Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Decoupling of the Customer Value Chain

The customer value chain is all the activities involved in acquiring products and services. We couldn't map out the customer value chain for any company dealing with any customer whatsoever, let it be the government, a business or a consumer. Decoupling is basically when a startup looks at thisvalue chain that is being offered by an incumbent like Sephora. It's part of American democracy and capitalism to break down these moats and not allow them to happen.

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