Ep. 1127: The Carvana Fantasy with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Are You Going to Turn Around and Listen to an Adam Jonas?
The owners of Carvana cashed out billions of their stock when it was at those huge highs. Are you going to turn around and listen to Morgan Stanley again or Goldman Sachs or any of them? John Henry who owns the Boston Red Sox owns the Liverpool football team made all of his money to buy those teams with trend following trading. Trend following doesn't force you to be in a position to listen to an Adam Jonas. I'm just a guy that is showing you a philosophical way to think, a trading strategy way to think.
Transcript
Play full episode
