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Ep. 926: Peter Mallouk Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Prediction

I'm still shocked that smart people, really intelligent, high-I-gu people seem to think that there is somebody out there that can predict tomorrow. The stock market is pricing in every little thing every single second of the day. There are so many sharp people on both sides of every bet and they all have the same information because regulators require that there be no inside information. It's kind of like betting on an NFL game.

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