
Ep. 816: A Trading Primer with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
Are We Doing Something That Is Socially Useful?
The world only needs one car manufacturer. It doesn't need hundreds of car manufacturers. So every car manufacturer is kind of not doing something useful for the economy. Nobody really needs an expensive meal at an expensive restaurant. We are constantly trying to add little incremental improvements that make the returns better.
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