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Ep. 1193: Ready for the Panic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
How to Make Money in Bubbles
The best way to take advantage of a bubble is not necessarily the direct way. The easiest place to make money is along with everybody, along with the fools,. Sell to speak, but of course you're going to do it in a way that's tail protected. A stock goes from $100 to $100, and then back to $10 or even down to $1. If it went to $200, it could have gone to $300. I don't know too many people who can stand that type of heat.
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