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Ep. 948: James Salzman Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Ownership Rules in the Age of the Baby Boomers

In America, states define ownership, not the federal government. South Dakota created a small change that essentially allows you to keep ownership in the family for a very long period of time. The result is money is pouring into South Dakota from all over the world. In other states like Alaska are competing with South Dakota to try to compete for that money as well. This is all the result of some very, very rich people hiring lobbyists to make very small ownership changes and protect their interests.

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