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Ep. 1177: Two Trend Following Minds with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Importance of Data in Economics and Finance
I was fortunate enough to enter the field when data became very easy to success. Even without data, you can do simulations and invent wealth of people trading according to sun rules or firms producing according to the sun rules. And then just run the simulation and see what happens. It took a little time for people to accept that simulation was a legitimate way to do science. But I think the same should be more and more true with economics and finance now.
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