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Ep. 1118: Geoffrey Cohen Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Do You Have to Live With Unfairness?

"I'm one of the lucky ones. I have benefited from a system that has rewarded my effort and my privileges," he says. "But there are other groups in our society for whom that correlation between effort and outcome can be very, very weak." A recent study manipulated resumes to make sure white applicants got more calls back than those with black names. The researchers also manipulated the credentials of the resume so that sometimes the resume contains a lot of on-the-job experience or only a little.

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