Ep. 1138: Hugh Hendry Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Influence of Market Mentors in My Life
I can still think of myself as a teenager. All I wanted to do was play baseball. That's all I did. My father was a truck driver. Working class hero. It was the market-based accounting research which switched me on to finance. We know the wind is everywhere, but we don't see it. We only know what's there when it touches our skin. The stock prices should only move on any fundamental change in the cash flow generating capacity for the business. Would the market have that wisdom when confronted with this accounting release? You were looking at charts and watching human behavior. It was like a tempest. And would the market have the wisdom to the stock prices should
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