
Ep. 572: Quant Hysterics with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Problem With Black Box
You as an investor every day should wake up and say to yourself, what are my rules? What are my process? What is my system that allows me to get through this day to the next day and be solvent? How the hell do you think you can manage anything when it comes to money and markets without codified rules? It's not nefarious, it's smart. Almost every aspect of modern life has been codified. Plenty of you listening right now will be sent to the retirement farm by Excel spreadsheets or glorified Excel spreadsheets. No one is going to pay attention to you if you're doing a job that a robot can do. And a robot could be something very simple
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