Ep. 891: Inside the Mind of Charles Faulkner with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Orderliness in Economics
Vernon Smith who won the Nobel Prize for experimental economics was talking about the housing bubble he basically said we learned this stuff in the laboratory years ago and this is the reason he got his new out prize. He goes we you know basically created these artificial markets in the laboratory with students and all of a sudden we didn't really expect it but we started having bubbles were get created they had no explanation for where they were coming from. The brain is just oh my god there it is I mean the brain is just as Einstein said it's like I want to know God's thoughts, says David Walliams. Some really powerful really powerful thinking can be found in our brains.
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