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Ep. 579: Mihir A. Desai Interview with Michael Covel on TRend Following Radio

Michael Covel's Trend Following

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The Importance of Perception in Finance

Fred Smith was brilliantly putting the odds on his side to help the most people by doing what he did, because he knew he was already dead. I'm just so struck by how little we think about financial literacy and incorporating it into K through 12 or even college. A lot of this is rooted in childhood. How do you inculcate a sense of risk-taking? How do you get them to observe when things are good risks or bad risks? That is so core to how people grow up. But we don't, and it's core to finance, right? We have been doing that for millennia.

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