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Ep. 911: Eric Crittenden Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of System Design

Eric Schmidt has always been a data guy. He studied meteorology and science before switching to finance. The rule of survival is understanding unintended consequences, he says. In real life, you're buying stocks that are going to zero or on their way to bankruptcy - but as soon as they get delisted, they disappear from the database. Unless you know what you're doing,. it's very expensive, it's very time consuming. But if you want to model history as it actually unfolded through time, you have to do that kind of work.

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