5min chapter

Michael Covel's Trend Following cover image

Ep. 1195: A Mechanical Way with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Importance of Understanding Your Client's Utility Function

I think it is important to understand what your client's utility function is. What are they looking for? What do they expect from an investment? And that sort of informs the way that you explain things to them. The industry, well, if I told you about my models, I'd have to shoot you. That's sort of, I have to be massively secret. Can't tell you about it, I think that's wrong as an industry and it's their money. They know we have the right opportunity to tell them with how this is we're doing it. Well, that's inspirational. It's inspirational. I would love you to expand on the idea.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode