
Ep. 1105: A Double Punch with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Risk Sensitivity
When you're going to take risks, do you follow your instincts or is it expert advice? Instincts or expert advice, gut or expert advice? That's what it comes down to, doesn't it? Yeah, and with expert advice you need to be very careful because you need to analyze whether these situations hold them. Whether the expert knows the evidence, whether there is conflict of interest, that's what may have a choice between giving you the best advice and losing money.
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