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Ep. 1162: Nolan Bushnell Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Marinade Pile
When you lose a game, you learn more than when you win one. People today are trying to be perfect and they're not taking any risks. In my analysis, my successes have been right time, right place. My failures have been wrong time, wrong place. The timing of things is really, really important. That's why today I have what he call the marinade pile where when I get an idea for business, I create my little PowerPoint and put it on the shelf and let it marinate. Because if you only have one idea, there's only one time.
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