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Ep. 977: Trend Following Kick Ass Reminder with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of SKU in Asset Management

Investors don't do a very good job of attempting to weigh the balance of luck and skill. Harry Markowitz published a path-breaking paper in 1952 on how to kind of optimize a portfolio. That paper led to a Nobel Prize for him in 1990. And essentially this is the optimal trade-off of expected return and risk.

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