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Ep. 835: A New 2020 Book with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Negatives of a Trading Strategy and Money Management Business

I think sometimes what happens is that the money management gets blended into the two of them. And I think in the end, everybody should consider what does John Henry want to do with his day? Does he want to manage a futures trading firm that he doesn't have a whole lot of interest in? It's just a big liability. He's got a very deep pocket. So why put yourself through that liability?

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