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Ep. 1120: Bobby Casey Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Rise and Fall of the NASDAQ
The fall of 2002, the NASDAQ got down minus 77%. How many people listening right now can imagine the NASDAQ peak to trough going down 77% again? Hell, it could go down 90%. Who knows? Right. You only have to look 20 years ago to see the dotcom bubble tank and blew it up. We don't have to look that far back in history, but people still say shit like that can never happen because this is the way it is. And humans are myopic like that. I think people just don't take time to educate themselves and think, to be honest.
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