Ep. 1133: Professional with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Competition in the Market
The nature of the market is changing, active investors are shrinking and passives are rising. As we all know, back in 1999, you go to a barbecue,. everyone's talking about pets.com and their shares going up, etc. You don't get that anymore. People will talk about their investments as probably Bitcoin or something like that today. There are fewer of them.
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