Ep. 1069: Algos, Negotiation, Meditations with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Benefits of Following the Right Process
Even following the optimal solution does not guarantee that you're going to get the optimal result every time. What it can offer you is, in this case, the best probability of getting the best outcome. And there's something consoling about having a mathematical or a computational understanding of the form of the problem that you're facing. It enables you to be confident even when you don't get the result that you want.
Transcript
Play full episode
