
Ep. 796: This Trend Stuff Won't Die with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Feynman Technique for Learning
Do you know the physicist, Richard Feynman? He's been on this podcast. Do you know about the Feynman technique of learning? It goes like this. Step one, pick and study a topic. Step two, explain the topic to someone like a child who is unfamiliar with the topic. Step three, identify any gaps in your understanding. Step four, review and simplify. Quite simple. The point is follow the price. That's what the moving average gives you. I mean, it is complicated. We don't know why they're selling. Who gives a shit? What they understand about value? Who gives a sh*t about what we understand about value?"
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