AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Ep. 1193: Ready for the Panic with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Power of Diversification
Dallio: Diversification is the only free lunch on Wall Street. He puts together at least a minimum of 15 positions that are completely unrelated. So he's not paying attention to so much to car relation because car relations are misleading, they're backward looking. And you can have things that were uncarrelated can become correlated or vice versa. The way he does it is he finds ideas that have different drivers.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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