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Ep. 724: Inside The Game Theory Mind with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Incentives in the Economy

Incentives are to take more risks than bailouts are. The answer is not to have too much of the economy in the hands of a small number of firms. But I think you got to do that through incentives and not through regulation, okay? Banks should sell its own leverage rate so it's important to have a transparency.

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