
Ep. 756: Taking the Damn Loss with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Right Way to Play the Game
In a highly volatile world leaders cannot keep marching in the same direction simply because they've invested heavily in a particular course of action. Instead leaders must react to changing conditions and be willing to shift direction accordingly, perhaps even to pivot 180 degrees if the situation warrants it. As negative feedback emerges or external conditions change, successful leaders learn and adapt.
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