Ep. 935: Trends, Psych and Felonies with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of History in the Markets
We were as a species more sort of more fearful more cowardly than the next guys but because we were more loss of earth we took more calculated risks. We moved to new places if the food supply started to run short and so our loss ofers and our tendency to be loss of verse led us to spread out it led us to live on and pass on our genes. Our great great great great grandfather was kind of a coward and 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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