Ep. 978: Luke Burgis Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Grandfather of Copycat Behavior
When you accept where you're going, it's like a secret Dakota ring for observing almost everything around us. What are our motivations? Why do we want something? Why does somebody else want something? And when you realize it's this copycat behavior, boom, you're off to the races. The grandfather of this concept is Renee Girard and he died in 2015. It was clear there's something more than just doing your fundamental analysis on the markets that I was taught as an undergrad finance major. You really have to be smart, as much as you can about stock and cognitive dissonance because what I was seeing in the market was just not matching up with what they were telling me
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