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Ep. 916: JC de Swaan Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Rise of Passive Index Funds

Finance is a force for good in society, but some activities end up boosting the economy in ways that are unsustainable. A lot of finance swerved into areas like providing ninja loans to folks that had no income and no assets. If you're Wells Fargo, you have this relentless pressure to deliver short-term results,. That nudges you away from the kind of patience, solicitous handling of customers which is critical to foster long-term relationships.

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