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Ep. 491: Brian Christian Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Problem With Probability

In business, probability is really the success foundation of so many businesses today. But not only is the information probabilistic in nature, it's also uncertain. In a casino you don't know which machines pay off at which rates until you start playing them. The critical thing to a computer scientist is what's called the explore, exploit trade off.

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