Ep. 536: The Most Important Thing with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Fooled by Randomness
I developed my philosophy over, you know, it might seem like I started writing the memos a long time ago, 25 years. But I had been working already over two decades at that time. So I think that the integration of real life into philosophy is essential. The basic theme is that in investing, there's a lot of randomness. Most people don't understand this. It's very important.
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