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Ep. 739: Peter Borish Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Pendulum of Uncertainty

The biggest difference of this generation, and we can talk about politically why we think the pendulums when further to the left, is what happened under sort of the starting with President Nixon. The movement away from defined benefit plans to define contributions. That's when I said the individual's responsible for your own 401K. Unfortunately, that there's only one person undefeated in history and that's father time and they're moving on. So you will now have more and more uncertainty with regard to future paths.

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