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Ep. 1049: Wide Thinking with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Reducing Volatility

Many people could think about volatility as risk. In qa finance, some people call this the waterpat effect. You can't remove volatility entirely without also removing risk. If your volatility is so low in your portfolio, i don't know where the return is supposed to come from.

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