
Ep. 848: Welcome to Thunderdome with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of a Shop Ratio of 1 in Trading Strategies
The expectation of losses is something that everyone should build into their investment process at all times. The majority of our investors are institutions such as pension funds, insurance companies and sovereign wealth funds. To be very fair to these investors, they are really quite sophisticated, and they understand that. But sometimes when you're speaking to maybe high net worth individuals or small family offices, the desire to protect capital is much stronger.
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