Ep. 826: A 2019 Christmas Deep Dive with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Power of Envy Jealousy
Pepsi was within weeks of coming out with old coke in a Pepsi bottle which would have been the biggest fiasco in modern times perfect cool perfect insanity. People do not react symmetrically to laws and gain now maybe I've a great bridge player like Zach has a duck but that's a trained response ordinary people subconsciously affected by their inborn tendencies bias from envy jealousy well envy jealousy made what two out of the ten commandments those of you who have raised siblings or tried to run a law firm or investment bank or even a faculty is an enormously powerful thing. It always causes moral breakdown if there's any need and always involves massing denial it's just it aggravates what we talked
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