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Ep. 904: Roger Martin Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Machines in the Economy

Hedge fund manager Ray Dalio has been talking about the economy as a machine for quite a while. Roger Bufalas: The way people think about the US economy is as if it is a big complicated machine, kind of like a big complicated car or truck or airplane. He says there's a difference between a machine like a car and what we really have - an adaptive system.

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