Ep. 977: Trend Following Kick Ass Reminder with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Role of Luck in Success
Sally Kohn: A lot of this has to do with regression to the mean and look. Jim Simons at Renaissance Technologies, I mean, he's had math formulas named after him. He will come out loudly, clearly always say, Hey, I'm a very lucky guy. That doesn't mean that they're unskilled. They could still be skilled, but they were skilled plus the luck that got them up there. She says CEOs are hugely more tolerant of risk than the lay population.
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