
Ep. 969: A Speculative Reminder with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Speculation in Business
Speculation will always be with us. Proods may frown upon it. Superficial thinkers may confuse it with the commonest forms of gambling. No speculator or click of speculators in their senses would undertake to try to depress prices in the face of a rising market. The inventor who is, apparently, of all men the least of speculators, takes greatest speculative chances.
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