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Ep. 1104: Mike Dever Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Risk of Not Achieving Your Goals

Risk is really defined by not achieving what your requirements are. In my mind, you've got a certain number of years to live. What is your probability about living that with your savings? By remaining in those positions, you're increasing the risk that you're going to outlive that money. The baby boomers have not relinquished power, so to speak. I mean, they still run the show. They run the politics. They have the wealth. It's kind of fascinating that people that don't seem to know that they're not going to live forever.

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