Ep. 732: Speculative Wisdom with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Speculation
Dixon Watts: There will always be humans making the wrong decisions, not learned enough to know how to play the game. The terms are often used interchangeably, but speculation presupposes intellectual effort. Gambling blind chance. All business is more or less speculation. We propose in this article to point out some of the laws in this realm. there is no royal road to success and speculation.
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