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Ep. 485: Jared Dillian Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Different Types of Investment Banks

I think we all grow up with this misunderstanding of what a trader is, or perhaps there's multiple definitions of trader. But working for the big eye bank, that's an entirely different type of trading. And I think that gets lost on a lot of young people. It was surely lost on me. The culture within an investment bank is totally different than within, say, a Chase, or a US bank, or a Wells Fargo. That continues to this day.

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