Ep. 366: The Statistical Mindset with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Locate a Room
With three little dots each of which can only have one of two colors we can identify the room. And then the first half of these get brown and the second half gets orange. So the guy who has to locate himself and you can't read numbers but can read whether a dot is brown or orange will in this system be very easy to find his unique room. But there's no system where you can locate the room. The first brown tells us to kind of go over here somewhere, the next brown, swap more, is an orange take that side.
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