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Ep. 1196: Chris Heivly Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Rise and Fall of AOL

AOL was an advertising based company. MacWest and the service produces a lot of pages, which means a lot of advertising. In 1999, AOL buys it off the public markets for $1.2 billion. We were doing probably about 30 million in revenue, losing about 30 million a year.

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