Michael Covel, author of Trend Following: How to Make a Fortune in Bull, Bear, and Black Swan Markets, joins Porter and Buck to demystify trend investing and reveals why mastering this will change your entire concept of what bull and bear markets mean for you.

Buck and Porter talk risk management, the latest false starts with North Korea, and Porter reveals three “battleship businesses” that in his mind are so reliable, entrenched, and permanent, the typical rules of risk management just don’t apply.

Brandon from Dallas asks Porter how to distinguish from “good debt” and “bad debt” when it comes to determining which companies will go under in the coming corporate debt meltdown.