Ep. 500: Charles Faulkner Special with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Mindset in Investing
When you see it, I think the natural reaction for folks would be like if somebody, it's going to be a very bright person, super high SATs, doctor, attorney, whatever. My first reaction would be I'm not giving them one cent of my money because there's something funny going on here. This is an unusual talent or as Charlie Munger said is like, is only one fifth of the people are in the top 20%. Not everybody can be an out performer.
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Transcript
