Ep. 124: Variability Is The Norm with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Courage
I'm particularly cowardly physically as well. The courage part of what David Harding says is great because he had a little chip on his shoulder I saw that chip when I met him. Money ball was about how people get misvalued and the how then in turn warped value systems encouraged warped behavior in people. A more perfectly free market could be freer than perfect market and professional athletes complete can you completely screw up people's valuation. There are all these biases that infect the human mind when it’s making intuitive judgments value judgments especially about other people we overvalue handsome people We overvalue tall people but only 3% of Fortune 500 CEOs are male and 6 feet or taller.
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