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Ep. 1194: Jerry Parker Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Importance of Trend Following
I would hazard a guess as the AUM went up and time went on, that might have been where some of the marketing complexity came from. And then defending the incentive fee, I think that's the big deal. We may not really agree with these things. But we've got to have this aura, this storyline about why people should pay 20% of the profits.
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