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Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Communicate Risk in an Unstable Way

We deal every day with risks, but we haven't learned how to understand them. The problem is not simple in the human mind, but also in experts who either don't know what the risks are or don't know how to communicate them. If you believe that you're safe by delegating the responsibility of your wealth and health to experts, then you may be disappointed because many experts do not know how to protect themselves against you as a potential plaintiff.

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