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Ep. 941: Trend Following Perspectives with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Importance of Uncertainty

I think what I have loved over the years talking to you today, many of your peers, is just that when one accepts uncertainty there's a certain honesty to it and so I personally enjoy it. We're privileged as physicists because we don't have to talk to politicians or make statements about how the world is supposed to work in the sense that nobody's relying on us to make political decisions. There's a huge amount of pressure on economists because they are on the spotlight, they have to come up with stories and decisions. This means that it's very hard for them to take a step back and say okay I'm really going to try to understand what's going on here  and maybe

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