Ep. 844: Howard Marks Inspiration with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Make Money Up, Down and Surprise Markets
If you are sitting there, like I mentioned earlier in this podcast, pining for two to three percent per month, you can't guarantee the damn outcome. You have to understand the significance of the information you have as well as that which you don't have. Marx last memo quoting from Jack Grayson's book, Decisions Under Insertity: "You need to control greed and fear, hopefulness and despondency" This is basic biblical stuff. Could I say? Don't covet your neighbor. Don't care about your neighbor. If anybody who has not made 55 billion bucks allows their mind to focus on Bloomberg's success with a twinge of jealousy or envy, what's the
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