Ep. 158: Simple Heuristics with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Nobel Prize Winning Strategy to Success in Investment
Harry Markowitz from the University of Chicago got his Nobel Prize for finding the solution. He relied on a simple heuristic that we call 1 over n. The interesting question is now not just to show that something simpler does something better but can we identify the world where simplicity pays or where the complex calculations pays?
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