3min chapter

Michael Covel's Trend Following cover image

Ep. 1198: Garrett Neiman Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

The Importance of Merit in America

I think sometimes it might help when America gets into only discussing black and white. A foundational point for me is that I believe that rich white men define what merit is. That definition of merit has shifted over the past century. For the most powerful families in American society, the system always evolves in a way that it continues to work for them.

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