
Ep. 1121: Darvas with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Introduction
Time Magazine published an article titled Pass D'Do, P-A-S-D-E- do like money on May 25, 1959. Michael Koval had no idea there was anything relevant to the subject of Trend Following on that date. A reader sent him a scan of How I Made $2 million in the Stock Market by Nicholas Darvis. The only sound reason for my buying a stock is that it is rising in price. If that is happening, no other reason is worth considering.
Transcript
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