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Ep. 648: Thinking Clearly with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Perversion of Behavioral Economics

Kahneman and Tresky set out to explain people's anomalous, you know, mistaken, mistaken intuitions about risk in a mathematical way. But I think it's gotten kind of perverted when I look at behavioral finance now to a lot of the articles are about gender issues in CEOs. They sort of mildly interesting, but you get the feeling that they don't amount to a whole discipline like classical economics did or efficient markets.

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