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Ep. 840: Dan Ferris Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Worst Phenomenon in the Index Funds

The value investor of the past decade, I live in constant envy of those guys because they've been riding up and up and up. And I've been sitting here for almost three years going, man, things are starting to get really speculative and froth inexpensive. You mentioned Burry has actually come out with some criticisms about index funds. He really sees that the way those are put together can force money into particular equity issues that don't deserve it.

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