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Ep. 1086: Jim Cullen Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Challenge of Making the Pivot Between the Laggard and the New Leader Coming

I was shocked at that. How could Amazon even come into existence with Walmart's dominance, but they did, huh? Yeah. You're seeing the same thing going on whole foods now. If you went there for a certain quality item, although they don't have that quality item anymore, but they have their own substitute for that. That means they're struggling for margins. And that's like Walmart also right now. For a guy like you though, the challenge though is to make the pivot between the laggard and the new leader coming. I mean, you've got to make that pivot.

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