Ep. 552: Mega Eclectic Number Two with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Cost of Investing in Weapons
You get the biggest males that are investing just obscene amounts of resources in these weapons. They're literally, it's deficit spending. And so what do you do if you're not the biggest male in the game? You can pour all these resources into this expensive technology but you're not going to win. So they ditch it. They stop producing the weapons. They shunt everything into something else and they adopt a plan B. The smaller octopus male that gets around these limitations that we're talking about of the alpha. He's figured out a way around the system. Yeah. Go to the octopus example with a color changing and the smaller octopusmale that gets aroundThese limitations that
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