Ep. 1105: A Double Punch with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Importance of Relative Risks
GIRD 2 and your other work is the big question, what is the absolute risk increase? And I have a personal example that I'd like to share with you. There was a debate online between groups of people that were traveling a lot. They were debating traffic fatalities in the United States versus Thailand. It was 38 per 100,000 in Thailand are killed and 11 per 100,00 in the U.S. That's a well-known perspective. To use relative numbers when absolute numbers would give you a very different picture.
Transcript
Play full episode
