Ep. 893: Drag Racing, Billions and Guns with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Achilles Heel
The conventional wizard is exactly that. It's bad technique and you solve it through improving your processes, improving your rules, following them. What happens though is that never completely solves them. People make the same kind of mistakes over and over. This I can tell you, everyone that I've worked with, and this is part of being human, but I mean, it's also part of portfolio management trade,. Everyone has an Achilles heel.
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