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Ep. 416: Market Timing Confusion with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Trouble With Confidence

Daniel Kahneman: We want our leaders to be overconfident. A lot of conflict is fed by overconfidence, he says. People put a lot more weight on negative events and on positive events and losses than on gains. Less than a third of small businesses survive for five years in the U.S., he adds.

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