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Ep. 986: Karen Petrou Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Problem With the Playing Field

When I graduated from college in 1975, America had an income and wealth distribution all countries do. In 2018, the last year for these data, GDP, the top 1% got 312% of the share that equitably got in 1975. We're not at the Industrial Revolution anymore. This isn't just you can sit back and get a job working for the man and retire with a gold watch. The system worked for us. Young people know it's not the same world.

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