Ep. 826: A 2019 Christmas Deep Dive with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Skinner's Man With a Hammer Syndrome
Skinner developed a case of what I always call man with a hammer syndrome. Every problem tends to look pretty much like a nail and Skinner had one of the more extreme cases in the history of academia. He scorned opponents who had any different way of thinking or thought anything else was important this is not a way to make a lasting reputation. Simple psychological denial causes terrible problems third insanity caused bias both in one's own mind and that of one's trusted advisor where it creates agency costs here.
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