Ep. 772: Wake Up and Think with Michael Covel on Trend Following Radio

1

Introduction

00:00 • 3min

2

Brian Christian's Path to Investing in 2016

02:51 • 2min

3

The Feedback Loop in Computer Science

04:55 • 2min

4

The History of Algorithms

06:32 • 2min

5

The Secretariat Problem

08:16 • 4min

6

The Benefits of Following the Right Process

11:55 • 2min

7

The Structure of an Optimal Stopping Problem

13:46 • 3min

8

The Problem With Probability

16:38 • 5min

9

The Power of Wednesday Lose Shift

21:08 • 2min

10

How to Ride Your Winners, Cut Your Losers

22:49 • 2min

11

The Regret Minimization Framework

25:04 • 2min

12

The Importance of Refuse Minimization

27:16 • 2min

13

The Upper Confidence Bound Algorithm

29:03 • 2min

14

The Impossibility of Overexploiting Problems

30:34 • 5min

15

How Much Time Do You Feel You Have?

35:52 • 4min

16

The Importance of Parallelism in Computer Time Management

39:34 • 5min

17

The Search Versus Sorting Conundrum

44:20 • 2min

18

The Importance of Sorting Algorithms

46:01 • 2min

19

The Importance of Minimizing the Labor of Thought

48:06 • 2min

20

Algorithms to Live By

49:38 • 5min

21

The Turning Point in My Life

54:23 • 3min

22

The Rise of the Government

57:48 • 4min

23

The Hormesis of Politics

01:01:35 • 2min

24

The Dangers of Giving Up Wealth

01:03:25 • 5min

25

The Importance of Negative Interest Rates

01:07:57 • 5min

26

The Importance of Negative Interest Rates

01:12:54 • 2min

27

The Importance of Myths in Human Society

01:15:10 • 3min

28

The Myth of Hornageddon

01:18:16 • 2min

29

The Pre-Civilization of Man

01:19:55 • 5min

30

The Role of Government in Civilized Commerce

01:25:13 • 2min

31

The Myth of Democracy

01:27:13 • 3min

32

The Importance of Wisdom

01:29:47 • 3min

33

The Importance of Information in Economics

01:32:42 • 3min

34

The Unemployment Rate

01:35:26 • 3min

35

The Importance of Quality

01:38:23 • 3min

36

How Too Much of a Good Thing Leads to Disaster

01:41:12 • 3min

37

The Origins of Simple Rules

01:44:15 • 2min

38

Simple Rules Beat Complexity

01:46:07 • 2min

39

Simple Rules for Investing

01:47:47 • 2min

40

Simple Rules Can Simplify an Economy

01:49:42 • 3min

41

The Ego and Complexity

01:52:55 • 3min

42

The Importance of Simple Rules in the Tax Code

01:55:37 • 2min

43

The Importance of Simple Rules

01:57:34 • 3min

44

Simple Rules for Calling on the Right People

02:00:29 • 3min

45

The Rise and Fall of the Stanford Strength Coach

02:03:04 • 3min

46

Simple Rules for Hiring Computer Scientists

02:06:09 • 3min

47

How to Rule Yourself

02:08:53 • 3min

48

The Bottleneck in Investing

02:11:35 • 3min

49

Manual German: A Manual German's Guide to Success

02:15:04 • 2min

50

Capital in the 21st Century

02:16:35 • 2min

51

The Problem With Endless Arguments

02:18:25 • 2min

52

The Moral Element of Economics

02:20:06 • 2min

53

Forget What It's Called Now

02:21:45 • 2min

54

The Risks of the Bailout

02:23:44 • 2min

55

The Disillusioned Physicist

02:25:19 • 2min

56

The Importance of Wall Street

02:27:05 • 2min

57

The Importance of Being a Manager at Goldman Sachs

02:28:43 • 3min

58

The Importance of User Interface in Model Building

02:31:14 • 3min

59

The Importance of Trend Following

02:34:26 • 2min

60

The Differences Between Finance and Physics

02:36:36 • 2min

61

The Importance of Long Volatility Models

02:38:39 • 2min

62

How to Estimate Risk

02:40:24 • 3min

63

The Perversion of Common Sense in Finance Papers

02:43:33 • 2min

64

The Importance of Understanding Quantitative Models

02:45:31 • 2min

65

How to Be a Math Genius at Age 18

02:47:47 • 2min

66

The Perversion of Behavioral Economics

02:49:24 • 3min

67

The Rise of Behavioral Economics

02:52:01 • 2min

68

How to Be a Better Politician

02:54:18 • 2min

69

How to Make Money Up, Down and Surprise Markets

02:55:51 • 2min