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Ep. 844: Howard Marks Inspiration with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Parallels Between Gambling and Investing

Howard Marx has written a series of memos on investing. He says there are parallels between gambling and investing. You can't know what someone else is doing, so why try to guess? Probably better to stick with it's all embedded in the price," he says.

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