Ep. 1049: Wide Thinking with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How Much Embarrassement Do You Have?
Many people get caught up with the idea of wa, look at warren buffet. The thing is, unless one has their money with buffet your you're probably not going to replicate buffet exactly. Even if one has the smart portfolio, it doesn't mean your neighbor's going to have it. And it also could mean your neighbor has a smarter portfolio than you. How does one put the ego in check? I call it embarrassment.
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