Ep. 604: Mega Decision-Making Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Consistency in Trading
Simple decision rules seem to be very important. Those simple decision rules also outweigh the expert judgment as well. And this thing has been proven continuously. Now, there's got to be quite a bit of people in the business and academia community that don't like what you have to say. Do you want your co-authors? No. Everyone can't like this, do they? Of course, they don't like it. And the worst banks are the doctors. The doctors don't like all of this new evidence. It's every play. I mean, in the United States, for instance, they spend 70% of GNP on medical, on medicine,. That's a huge
Play episode from 02:49:15
Transcript
