Ep. 526: I Will Survive with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Human Mind and the Consistency and Commitment Tendency
Bias from consistency and commitment tendency including the tendency to avoid or promptly resolve cognitive dissonance includes the self-conformation tendency of all conclusions. A sixth bias from Pavlovian association, misconstruing past correlation is a reliable basis for decision making. It's very important to not put your brain in chains too young by what you shout out," he says.
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