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Ep. 627: Charles Faulkner Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Complexity of Markets

complex systems are interacting multiple agents with intentions, with memory, competing for scarce resources. Many of this is familiar in a somewhat unbounded environment and hence has nonlinear causes and effects. Jim Boulden: We're seeing around the world what it means that some little action taken can have a huge ramifications. He says when markets fall, they're actually coming out of complexity and coming into order.

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