Ep. 430: The Mob Rules with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Ruin of the Bombay Stock Exchange
The Bombay sharemania may have bitten the dust, but from that dust sprang the Bombay stock exchange. Despite the enormous waste involved, Bombay's land reclamation companies made barren waste habitable. Like so many of the speculative follies, they all go down the same path. Some people will definitely get rich and be pretty damn lucky about it. But that's no matter to you. You have to make good decisions just because you can point out somebody that got capital, got money, perhaps undeserving, perhaps not undeserving. That's where these things are going. Whether the Zuckerberg helmet, the Zuckerberg VR helmet, or Bombay shares post the American Civil War, or the Matrix, you have to
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