Ep. 772: Wake Up and Think with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Upper Confidence Bound Algorithm
The upper confidence bound algorithm says just very simply ignore your actual expectation of what's probably going to happen. Ignore the worst case scenario, focus exclusively on doing the thing that has the best best case scenario. And this is an algorithm that's been shown to minimize regret. We can literally minimize our regrets in life by focusing on the things that have the most positive potential.
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