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Ep. 529: Annie Duke Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Problem With Aggressive Cabinet Choices

Obama's cabinet choices were aggressive, especially since he lost the popular vote and didn't win an electoral landslide. One of the hardest things to defend against is someone who's being very aggressive across the board. In poker, you'll have someone come into the game who's aggressive all the time. The problem with that is that it's really twofold. It can put your tips at risk every single hand. I thought it was really interesting that it was making these aggressive choices.

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