Ep. 977: Trend Following Kick Ass Reminder with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of SKU in Asset Management
The usual measure of volatility, that's exactly what happens. Volatility doesn't tell you anything about the direction. It's measuring the surprises in an absolute sense. For any investor, it's obvious which one to choose. You choose the one that has got more upside than downside. I've been on a campaign for many years to change the way that we think of risk.
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