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Ep. 907: Trend Following and TurtleTrader with Michael Covel on Trend Following

Michael Covel's Trend Following

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The Myth of EMT

David Frum: The economy as we know it was built on a myth. He says the myth is efficient market theory, EMT. Human nature isn't rational; it blows bubbles and then pops them, he says. To question EMT is seen as madness by academics, banks,. pension funds and endowments., Frum writes.

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