Ep. 654: No Real Magic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Evolution of Turtle Trading
The turtles were all grateful to Richard Dennis for his mentoring, but some were ambivalent over time. One turtle says his system is 95% Dennis's system and the rest his own flair. Even when correlation data shows similar patterns among Dennis's turtle students, the desire to differentiate is stronger than their need to honestly address obvious similarities in return streams.
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Transcript
