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Ep. 1167: The Prince of the Pits with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Dennis Carroll's C and D Commodities
In November 1975, Dennis and Larry Carroll formed a partnership. Known simply by the first initial of their last names, C and D commodities was born. They quickly rivaled such established institutional investors as Solomon Brothers and the Pillsbury Company. Other traders who had seen him dominate the pits were shocked when Dennis left the floor. He looked at Tom Willis and said, I got stuff that's so good that used off the floor in the right hands, it might make 50 million dollars a year.
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