Ep. 366: The Statistical Mindset with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Keeping Track of Instructions
The key of it all is dumber but faster, right? And so what we're having is filing systems with ever increasing speed of the file clerk but ever stupider file clerks. Now the last fellow that we've got in this, not the last one but next to the last one, he's unable to remember which instruction is on or what's the next instruction, okay? But he can add one, he knows how to change something with one, he has a little counter that he pushes a button and it goes up one, okay? That's the first instruction. Read the number there on the program counter and take that counter, that instruction number out, okay? And that
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