
Ep. 680: Go Forward Move Ahead with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Intuition in Decision Making
The last financial crisis has made it very clear that the rating, the algorithm of the rating agents is the value at risk computations created illusions of certainty and prevented no single crisis. So we need to think more about a toolbox and not one tool, one hammer that's always right and human intuition is always wrong. And I've observed that in large companies, there are two ways to deal with these anxiety of the decisions.
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