Ep. 754: The Schwager Launch with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Power of Diversification
Dallio: Diversification is the only free lunch on Wall Street. If you do it properly, it's a way of dramatically improving return to risk without really any negative two without any downside. He puts together at least a minimum of 15 positions that are completely unrelated. So he sees there's a tremendous amount of potential improvement you can get in your return to risk by diversifying.
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Transcript
