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Ep. 473: Chris Lochhead Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Winner Take All Dynamic Is Playing Out in Other Spaces

The first company to design the space is best positioned to win. Customers rush to a new category because it makes sense to them. Microsoft has spent reportedly, according to business insider, over $10 billion on Bing and they put not even a dent in Google's search business. If you don't choose to do that, you're going to go up against an incumbent category king with a more better strategy.

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