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Ep. 918: Uri Adoni Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Rise and Fall of Amazon

The tech is growing so fast. I think that there's all sorts of new technologies, whether it's BioConvergence or not to worry with too much technology. If you look at Amazon, they started a bookstore and they became this huge logistics company. But again, history showed that cash is not enough to keep your leadership in the market. It definitely helps you because you can maybe buy talent. You can buy companies, but it's not necessarily an insurance policy that you will keep your position on the top of the hill.

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