3min chapter

Michael Covel's Trend Following cover image

Ep. 1145: Good Morning Vietnam with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Black Swan

The one I like best as a black swan is a low probability, high impact event that happened because it was unexpected. Things are still going to happen because they're unexpected, and there's just no way around that. Trying to prepare for that is counterproductive. All you do is you make yourself more predictable. You're better off not doing that.

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