Ep. 1159: Three Outside the Box with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Morningstar Paradox: How the Morningstar Style Boxes Have Locked Investment Managers Into the Style
The Morningstar Paradox is my theory about how the Morningstar style boxes have locked investment managers into the style. Even though their prospectus may give them a great deal of maneuverability, they can't. The only way to get out is to sell the product and then that actually ends up exacerbating the downward spiral.
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