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Ep. 718: Time to Blame the Computers Again with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Thinking More

If someone made a billion bucks last week because they were a fantastic short term trader, I'm going to give them a great round of applause and wish them well. But now they're going down. So let's fucking blame somebody. Who are we going to blame? We the smart people making better decisions. That's always a wise thing to do. Blame the smart guy making a better decision. Of course, when greed and fear and ego and envy and jealousy, right? Steak in play, that's what you do. It's not what I do."

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