Michael Covel's Trend Following cover image

Ep. 1106: Matt Dixon Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

00:00

The Role of Inaction in Customer Indecision

Kahneman: We are wired to avoid loss more than we're wired to maximize gain as human beings. Salespeople don't really get the overlooked part of Prospectory is that there are two types of loss, he says. The specific kinds of loss that make us swarm are the ones that we are personally responsible for and result from doing something wrong. "Inaction losses were a function of the customer actually preferring what they do today"

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app