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Ep. 750: Eclectic Mega Episode with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Kelly Betting

The efficient market theory was in ascendance at that time. Most people just are not comfortable with the level of aggressive risk taking, he says. Kelly pure Kelly is very aggressive as you point out perhaps bring it down a notch or two half Kelly but Samuelson and others were promoting this world too.

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