Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Efficiency in Markets
Many of these managers they would certainly not feel that markets are a fully efficient. They feel very strongly that their job is to beat the market and they succeed in that job because markets are not efficient. Were you familiar with and had met with and spoken with many of these managers and traders? i knew cliff assness he's my colleague at a qr capital management so uh he was one by far i knew the best i knew maryon chills quite well through my academic connections. I often knew john poulson he endowed at a chair at nyu and i was lucky enough to actually hold it john poullson chair.
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