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Ep. 113: Risk, The Unexpected and Black Swans with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Create a Bubble

We thought we would, with that baseline, see if we could create bubbles. But we never had to. How does a bubble take place? What goes into it? The fundamental value is falling like this, okay. Let me just say right now that we don't understand why it is that people get caught up in self-reying forcing expectations of rising prices.

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