Ep. 376: Overcoming Bias with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Guaranteed Results
Every computer program is an algorithm, ultimately composed of simple steps that can be executed with dependence reliability by one simple mechanism or another. Daniel Dennett figured out how you could get the idea to think themselves. You write down a recipe for how to do some thinking and give it to a mathematician. He follows the recipe, does the thinking. Lassa Peterson: Trend following contains many less embedded assumptions than other types of investments. We don't take a view on whether China's going to boom or bust. Cajonas has something to do with this all.
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Transcript
