Ep. 1156: Bent Flyvbjerg Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Connection Between Development and Bathroom Remodeling
The development of Singapore since the 1960s or somebody remodeling their bathroom. There's a lot going on there that connects that we people that have not studied the subject as much as you might not realize. So psychology and power are two things that you will find anywhere where they are humans. Power is related to competing for resources, jockeying for position within an organization. Whereas psychology is cognitive biases, we are very optimistic. We see the future through rose colored glasses. And these things about psychology and power, we bring everywhere. That's why things look alike when you look at the best we do.
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Transcript
