Ep. 826: A 2019 Christmas Deep Dive with Michael Covel on Trend Following Radio

1

Introduction

00:00 • 4min

2

The Importance of Data in Positive Psychology

03:53 • 3min

3

The Cognitive Bias of Cryptocurrency

06:28 • 4min

4

The Worst Call in Super Bowl History

10:21 • 5min

5

Pete Carroll's Play Calls for the Super Bowl

14:57 • 2min

6

The Hidden Information Problem in Decision Making

17:13 • 2min

7

The Importance of Knowing the Outcome

19:19 • 5min

8

The Importance of John Von Neumann

24:29 • 2min

9

The Importance of Mutually Assured Distruction

26:43 • 4min

10

How to Double Check Your Beliefs

30:47 • 2min

11

How to Update Beliefs to Inform Future Decisions

33:15 • 2min

12

The Problem With Self-Serving Bias

35:23 • 2min

13

The Importance of Learning

37:32 • 5min

14

The Importance of Being Smart

42:14 • 5min

15

The Struggle to Stay on the Academic Path

47:09 • 2min

16

How to Learn in a Noisy System

48:58 • 2min

17

The Importance of Feedback in Poker

51:18 • 4min

18

The Importance of Thinking About Life

55:41 • 2min

19

The Uncertainty of Life

57:59 • 2min

20

The Stress of Uncertainty

59:47 • 4min

21

How to Have Confidence in Betting

01:04:11 • 4min

22

The Quest for a Certainty

01:07:58 • 2min

23

The Importance of Observing Your Life's Outcomes

01:10:20 • 5min

24

The Importance of Moderation in Current Events

01:14:58 • 2min

25

Making Smarter Decisions When You Don't Have All the Facts

01:16:42 • 4min

26

Annie Duke's Poker Perspective

01:21:00 • 5min

27

The Importance of Risk Management Position Size

01:25:48 • 5min

28

The Power of Incentives in Psychology

01:30:54 • 4min

29

Skinner's Man With a Hammer Syndrome

01:34:49 • 3min

30

The Power of Incentives and Rationalized Terrible Behavior

01:38:12 • 2min

31

The Power of Consistency in Commitment

01:39:43 • 5min

32

The Pavlovian Bell

01:44:55 • 4min

33

The Importance of Reciprocity

01:48:35 • 3min

34

The Importance of Consistency and Commitment

01:51:51 • 3min

35

The Efficient Market Theory

01:54:38 • 3min

36

The Contrast Phenomenon

01:57:46 • 3min

37

The Private Super Reaction Syndrome

02:00:51 • 2min

38

The Power of Envy Jealousy

02:02:45 • 4min

39

The Power of Consistency and Commitment

02:07:12 • 5min

40

The Importance of Availability in Judgment

02:12:08 • 2min

41

The Psychology of Unavailability

02:14:34 • 6min

42

How to Persuade a Customer to Turn Down an Extra 1500 Chair

02:20:04 • 6min

43

The Four Different Psychological Tendencies That Make Tupperware Parties Anonymous Rich

02:25:44 • 2min

44

The Ineffectiveness of the Board of Directors

02:28:08 • 3min

45

The Psychology of Communication

02:30:52 • 3min

46

The Psychology of Decision Trees

02:33:34 • 5min

47

The Importance of Psychological Tendences

02:38:54 • 2min

48

How to Buy a 10% of Your Financial Future

02:41:23 • 5min

49

How to Form Habits That Carry You Through Life

02:46:30 • 3min

50

How to Avoid Credit Card Debt

02:49:22 • 3min

51

How to Make Money Up Down and Surprise Markets

02:52:00 • 2min