Ep. 500: Charles Faulkner Special with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Being in the Moment of Now
Naseem Taleb's The Black Swan says that the more people understand the past, the more they think they can predict the future. This is in behavioral finances known as the hindsight bias. So being in the moment of now in the simplest non-sen way of thinking about it is not to reference the past or the future. That's tough. You've seen that in people. Well, yeah, no, it's against our nature.
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