Ep. 526: I Will Survive with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Power of Envy Jealousy
Skinner made the only explanation you'll find in the standard psychology survey course. He of course created a variable reinforcement rate for his pigeons' mice and he found that that would pound in the behavior better than any other enforcement pattern. People think that if they have committed to it it has to be good. The minute they picked it themselves it gets an extra validity. It's wonderful what we have done with our computers to ruin a civilization.
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