Ep. 826: A 2019 Christmas Deep Dive with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Consistency and Commitment
Zimbardo had people at Stanford divide into two pieces, one with the guards and the other were the prisoners. And they started acting out roles as people expected. That's reciprocation if you think a little about the way society is organized. Henry Kaufman wisely talked about this bias from over influenced by social proof. What you think may change what you do, but perhaps even more important what you do will change what you think.
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