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Ep. 1004: Andy Ho Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Capital Structure in Vietnam

After 1975 until 1986, Vietnam was pretty isolated. The older generation tend to be less aggressive when it comes to capital structure. They tend to save more and accumulate more money for the next investment. Younger generations are more aggressive to go borrow or do financial engineering to grow their businesses.

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