Ep. 987: Keep Making Decisions with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The One Example of Lottery Ticket Politics
Today, all we talk about in society are the edges. And if the edges are big profits or very tall people or very fat people or extreme whatever, that's the edge. We find one situation where one bad actor did one bad thing to one person and then extrapolate that out to the entire population. There's no numbers that back up any of this. Most people want to be part of a group. They want to feel the heat from the sheep. That's what they want. Some sense of satisfaction, some sense of safety.
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