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Ep. 969: A Speculative Reminder with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Technical Analysis: A Phenomenon

People make money using all sorts of strategies, including some involving tea leaves and sun spots. Most academic financial experts believe in some form of the random walk theory. Trend following works because you don't try to outthink it. You are a trend follower, not a trend predictor.

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