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Ep. 971: Jim Campbell Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Failure of Bernie Madoff's Performance Reporting Strategy

Bernie Madoff ran a 40-year Ponzi scheme, says Michael Lewis. He said the split strike conversion strategy was opaque to his victims and that it should have been 95% correlated with the stock market. "The big dogs knew exactly in my humble opinion, what was going on with that performance reporting," he added.

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