Ep. 1095: Seykota Redux with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Transition to a Different Economy
Cicote: "I don't think there's anything to fix. I think it's just how it works" He says we have a huge dependent class, moral hazard in the economic system and disconnect between governance and people. People want to go out there in the fall and pick up the leaves and gloom back on the trees, Cicote says. But you can't glue the leaves back on the Trees. You just have to accept the fall for the beauty that's there and move with it.
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