Ep. 1139: Tail Risk Thinking with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Deliberate Practice
I think that given that you were really trying to improve some aspect of your own performance that basically makes it to optimize the benefits of deliberate practice. I often sort of mentioned this example with playing doubles and tennis and you miss maybe a backhand volley and then the game just kind of continues. You get another opportunity maybe 30 minutes later and you're not going to do that any better. So you compare that now to a training situation where you have full concentration and available resources like a coach. One or two hours of working with a coach like that I believe is going to improve your back hand volley so much more than maybe a year or two of practicing with your friends basically playing games.
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