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Ep. 864: The Deep State, Flow State and Animal Weapons with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Dick Folt: The Worst Guy on Wall Street

Lehman Brothers' collapse was the biggest corporate bankruptcy in world history. Folt arguably was the worst guy on Wall Street and a whole menagerie of sociopaths. He leveraged Lehman something like 40 to 1, resisted attempts to deleverage or to sell out while the getting was good.

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