
Ep. 654: No Real Magic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Role of Speculation in the Internet Bubble
The harsh reality of speculation is you only have yourself to blame for decisions you make with your money. A 96-year-old judge bluntly telling plaintiffs to take responsibility for their own actions was no doubt painful for those seeking an incompetent's bailout. If you don't like these survival of the fittest rules, then stay out of the Zero Sum game. The market doesn't know you and never will.
Play episode from 45:20
Transcript


