AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Ep. 1192: Scott Patterson Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Importance of Disdiscretionary Trading
Ackman is more of a fundamental guy, discretionary trading, not systematic like Mark Spitznagel. University can go years without posting any profits, in fact, losing year after year. That's very similar to the trend following world. The idea is to limit those losses. It's a fat-tail approach. You're looking for fat-tails and you don't know when that's going to happen. You can't predict that.
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