Ep. 1078: Bill Dreiss Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Thinking Fast, Thinking Slow
When you first saw Thinking Fast, Thinking Slow, here you are a trend following trader doing this for decades back to the 70s. But isn't there a side of you that says, well, gosh, me and some of my peers figured a little bit of this out a long time ago before it was popular? That's exactly right. And by the same token, Daniel Kahneman was doing his work at about the same time that we were doing our work. It wasn't like we scooped Daniel Kahneman. It's just we were applying it. The difference between me and the guys in The Big Short is they actually dug into this stuff and figured out what was going on
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