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Ep. 851: Jeremy Gutsche Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Parallels Between Finance and Portfolios

There's a lot that one can learn from finance and portfolios and even gambling. The reverse of houses money is called the snake bite effect, where if you have a big loss in a casino, all of a sudden you don't want to bet anymore. But we know from things like the stock market that you need to maintain that same approach consistently whether times are good or bad.

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