Ep. 1049: Wide Thinking with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Investing in a Risky Portfolio
For most people, the right a allocation should be somewhere between 20 % in bonds and 60 % in bonds. That's still a pretty wide window, but it kind of does help narrow down the problem set to to a smaller area. If you want to choose the super rich direction, you might take a god like yourself,. You could say, hey, you really want t go down that path, well here you go. Be willing to tolerate this drawdown. It does mean you're going to get there, though, because there's so much luck in play, there's soMuch uncertainty in play, that if you go for that superrige path, there's no guarantee, absolutely
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