Michael Covel's Trend Following cover image

Ep. 405: Didier Sornette Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Exponentiality of Valuation

The idea that you should add the value of the option that is embedded in the company because just having a dot-com in I don't know selling product for dogs is giving you potentially the opportunity to gain. The super exponential diagnostic is that the rate of return the return itself is growing 5 10 20 40% which is indeed intuitively and sustainable as you said mathematically. It's really amusing interesting to see that at the time of the exuberance you have all these new theories of valuation that become very fashionable and makes a lot of sense.

Play episode from 21:42
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app