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Ep. 949: Experience, Jim Simons and Raising Kids with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Pyramid of Experience

In his new book, David Frum argues that the price of goods and services are being commoditized. He says people want to buy them at the lowest possible price so they can spend their hard-earned money on experiences. "If you charge for undifferentiated stuff, you're in the commodities business," he says.

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