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Ep. 782: Going Back to MIT with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Adaptive Market Hypothesis

Economists have this view of the world that is very much driven by the model of physicists. I often say that economists have physics envy because we wish we had three laws that explain 99% of all observable phenomenon, he says. The idea behind the adaptive market hypothesis is to try to change that world view.

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