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Ep. 1155: Trading Psychology Redux with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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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