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Ep. 366: The Statistical Mindset with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Make a Fast Filing Clerk Multiply

The multiplication table which we worked so hard to learn in school is easy to put on a set of cards. Each card which is labeled by a number, let's say the card number 78 or 78,. The card label, I don't have to convert it to a number of cards called multiply78 answers 16, there's written on a card. So all he has to do is pick up the right card, he's very good at that and he's very fast see, so he sees the 78, take the card, fix it, okay? And so it goes, he doesn't have to know how to multiply, you tell him a series of instructions as to which cards to look

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