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Ep. 63: Darren Kottle Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Origins of George Soros' Concept of Reflexivity

Lee: George Soros has this concept that I still don't think he does the best job of explaining it himself. Once markets tend to go up, there's more reasons for them to go up again, likewise on the way down. Lee: You can draw conclusions that markets have some mechanism for adapting and absorbing information which is contrary to efficient market hypothesis. If it happens on this large scale, it has to happen on the micro scale on the markets because at the end of the day it's same actors that are doing both.

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