Ep. 941: Trend Following Perspectives with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Data in Economics
Black Show's model is still in use. Even without data, you can do simulations. You can invent wealth of people trading according to the sun rules or firms producing using the sun rules. And then just run the simulation and see what happens. So my impression is that by training people more and more with this type of background, this type of experimental background, we are getting better at understanding the world. It took a little time for people to accept that simulation was a legitimate way to do science.
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