Ep. 482: Two Takes with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Future of Markets
Human nature is not going to change. The markets will go up, the markets will go down. They will go sideways. That drop of magnificent proportion? That's exciting especially if you happen to believe in the idea that there could be bubbles. Because you can make a lot of money when the crowd goes nuts. You can make a fortune when those extraordinary delusions, the madness of crowds when it unfolds. And it will always unfold. It will never stop unfolding. If you've got a plan, you can protect your capital and grow your capital. If you have no plan, you are a limbing, jumping off the cliff, following the other limics.
Play episode from 30:45
Transcript
