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Ep. 693: Terence Tse Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Ambiguity in MBA Levels

"We're training all these young people to be robots, so to speak," he says. "Over the past five years, I am seeing more and more students, MBA level." They cannot actually tolerate an assignment topic that is not volatile, but 'ambiguous' He asks: Is it just pure fear? It's like they've been told their whole life,. you must go down this track, then it'll be all rosy.

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