3min chapter

Michael Covel's Trend Following cover image

Ep. 1156: Bent Flyvbjerg Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

How to Incentivize Builders to Stay on Budget

It's interesting to think about human history and where you do find these big things that do get done. It goes back a long time ago, so as long as we can find written records, people have talked about this so cost overruns. President Lincoln is believed to have said, if I have 15 minutes to go, I'm going to cut down a tree. So again, that's preparation. You need to prepare slowly in order to be able to act fast.

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