Ep. 750: Eclectic Mega Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Definition of Luck
A philosopher said luck exists when there's three conditions in place one-on-one. It operates for an individual organization, it can be good or bad and the third is reasonable to expect a different outcome could have occurred. If we rewound the tape of time and we play it again it'sreasonable to expect adifferent outcome so when those three things are in place I think you have luck. But what would you define as luck and what's not in your luck right?
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