Ep. 717: Follow the Opportunity with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Bayesian Mentality
When I was in sixth grade, I told everybody I wanted to be an architect. But you know, life paths go in different directions and you follow what happens. My plan is not so rigid that I know what's going to happen. And I'm always adjusting to what might be the next best step based on the prior bit of information. That's Trend Following 101 right there. You don't know where the trend is going to go, but you follow the trend.
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