Ep. 1155: Trading Psychology Redux with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Key Word in Capital Markets Is History
Vosseversion. If scientists look at why homo sapiens persisted while Neanderthals and Denisa Vens and a group called the Hobbits who lived in Indonesia didn't make it, one of the things that they point to is vosseversity. So we were as a species more fearful, more cowardly than the next guys. And so we're here today because your great great great great grandfather was kind of a coward. That was a good thing for the preservation of his genes but it was a bad thing for us now trying to navigate capital markets in the 21st century.
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