Ep. 59: Don't Let Them F*** You Around with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Illusion of Control, Dancing With Chance
The point of today's monologue is to talk about gambling or what people call gambling. I'm going to read an excerpt from this article and then kind of talk through this gambling video, so to speak. And this is called the Illusion of Control, Dancing with Chance. First you accept that there are things you can't control. Then you try to assess the uncertainty and finally augment your plan to make sure you manage risk more effectively.
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Transcript
