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Ep. 708: One of the Omaha Guys Lays It Out with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Get Rich With Soft White Hands

Anyone smart enough to graduate from Caltech with a PhD and go to work for Glenn Air does not need any help from me you haven't made. If you underspend your income while you're life and keep learning and collect all the bonehead experience mistakes other people made and avoid them I would confidently predict that you'll do just fine. There's no one book or one idea or something that's going to do it but one idea that that people use is the one that Ben Graham borrowed from engineering which is the concept of a margin of safety in what you're doing.

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