Ep. 364: Simplicity Trumps Complexity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Evolution of the Stock Market
"I like to watch people that just give their brain over and don't ask questions," he says. "It's always fun to walk into the room and show better, not because I've got this massive ego." Wall Street has to engineer new assets every year to attract investors - but they're often ill-equipped to deal with unanticipated events,. Ultimately, hedge funds, mutual funds and exchange traded funds have to destroy their own creations to save themselves from ruin.
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