Ep. 515: Epic Trend Following Episode with Michael Covel
Michael Covel's Trend Following
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The Importance of Capital Flight in the Currency Markets
Our currency markets and currency markets are basically markets for capital flight. So as there are seismic changes such as stock markets declining 50% over a relatively short growth time, which they've done twice in a lot, decade or so. These are big events. We don't make anything happen. We just hope to hold on while nothing is happening. And for the time in which something good will happen and we know is a certain fact that it will happen.
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