Ep. 502: Efficient Market Thinking with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Heuristics
A good heuristic is not just fast and through but also in the situation where it is applied better than more complex strategies, says Dangolz. Heuristics based on evolved and learned core capacities such as recognition memory can be used to make accurate decisions when faced with an uncertain world. "The art to exploit one's own ignorance can give one much more," adds DangolZ.
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