Ep. 844: Howard Marks Inspiration with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Trade at the Speed of Light
Just because you're great at gin rummy doesn't mean you should play Texas Holdam against a professional poker player. It's important to know your strengths and stick to them. Most people can't cross over as an expert in one area immediately to the expertise in another areas. There's no requirement to bet on every game or every hand. You can wait until you get a particularly attractive proposition, one that you feel particularly capable of analyzing and understanding. In the interim it's better to sit out and protect your bankroll.
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