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Ep. 655: Roy Baumeister Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Willpower

Psychologists have long been reluctant to use the term "willpower" because it comes with a lot of baggage and other assumptions. Now they say willpower is an energy-consuming process, just like self-control. When people are making difficult decisions, that seems to use the same willpower so that self-control will be impaired after you make them. The body learned from our evolutionary path when food supplies were much less reliable, learned to conserve its energy especially when it's needed.

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