Ep. 846: When Mass Panic Rolls Out You Need A Plan with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Committing to Doing Better Work
The takeaway, improve the quality of your team and your decision making process. commit to doing better work even as you become more successful. Look at Jeff Bezos, how many different business models have been launched inside of Amazon that no one expected? Now did they know they were all going to work out? Of course not. They were essentially experiments. And if that small bet proved to have legs, then you bet harder on the small bet. Then you end up with things like Amazon Prime or and trend following parlance,. You end up with a big damn trend that pays for all the small losses over the course of a year. Make them much faster and change courses needed.
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