Ep. 488: Never Forget the Lessons with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Consistency
If you want 1% a month, you've got long term capital management. The other way is either a scam or a fund or a strategy soon to blow up. Consistency is the scarlet letter. If you have consistency in investing, you are either JP Morgan Goldman Sachs with access that no one else has or you're damn lucky. That's how the world works. It doesn't work the other way.
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Transcript
