Ep. 969: A Speculative Reminder with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Folly of Fundamental Analysis
Trader Ed's Dakota notes across the board cognitive dissonance in play with a simple story. The financial website Motley Fool has a backstory, a narrative behind its start that reinforces the folly of fundamental analysis. Instead of evaluating fundamental factors, technical analysis looks at the market prices themselves. Many low-information types believe that easy to digest narrative.
Transcript
Play full episode
