Ep. 1069: Algos, Negotiation, Meditations with Michael Covel on Trend Following Radio

1

Introduction

00:00 • 3min

2

The Importance of Computer Science in Trading

02:52 • 4min

3

The History of Algorithms

06:27 • 2min

4

The Secretariat Problem

08:11 • 4min

5

The Benefits of Following the Right Process

11:49 • 2min

6

The Structure of an Optimal Stopping Problem

13:55 • 3min

7

The Problem With Probability

16:32 • 5min

8

The History of the Multi-Arm Bandit Problem

21:02 • 2min

9

How to Ride Your Winners, Cut Your Losers

22:39 • 4min

10

The Refuse Minimization Framework

26:24 • 4min

11

The Importance of Overexploring in a Lab Setting

30:29 • 5min

12

How Much Time Do You Feel You Have?

35:47 • 4min

13

The Importance of Threading in Computer Time Management

39:29 • 5min

14

The Search Versus Sorting Conundrum in Computer Science

44:49 • 3min

15

Algorithms to Live by the Computer Science of Human Decisions

48:01 • 2min

16

Never Split the Difference, Negotiating as if Your Life Depended on It

50:10 • 2min

17

Pretend to Secure a Wealthy Businessman's Daughter

51:54 • 2min

18

The Importance of Control in Negotiation

53:41 • 3min

19

The Impetus to Go to the FBI

56:40 • 3min

20

The Importance of Narrow Skills in Law Enforcement

01:00:00 • 2min

21

The Power of Reflection

01:01:40 • 5min

22

The Influence of Danny Kahneman and Bill Urey on Negotiation

01:06:18 • 3min

23

The Importance of Negotiation

01:09:29 • 3min

24

How to Deal With a Guy Who Thinks He's the Messiah

01:12:29 • 3min

25

The Effect of Emotions on People's Behavior

01:15:33 • 2min

26

The Importance of Communication in Business

01:17:12 • 2min

27

The Power of Saying No

01:18:48 • 3min

28

The Importance of Objectives in Sales

01:21:23 • 2min

29

How to Deal With a Kidnapper

01:23:20 • 3min

30

The Power of Called Questions in Business Negotiations

01:26:30 • 3min

31

Why Questions Make People Feel Defensive

01:29:51 • 5min

32

The Importance of Splitting the Difference in Negotiation

01:35:02 • 2min

33

The Non-Traditional Way to Negotiate

01:37:01 • 2min

34

The Science and Psychology of Negotiation

01:38:57 • 3min

35

How to Deal With a Kidnapping

01:42:05 • 3min

36

How to Make Kidnappers Feel Like They've Got Everything They Can

01:44:38 • 2min

37

The Power of Deference

01:46:16 • 2min

38

How to Mirror Someone

01:47:59 • 2min

39

The Lesson Learned From the Burn of Case

01:49:42 • 4min

40

How to Make a Substantial Counter Offer

01:54:10 • 2min

41

Ego Is the Enemy

01:55:48 • 3min

42

Hearst and Wells: How to Overcome Hatred

01:58:28 • 2min

43

The Stoicism of Success

02:00:00 • 3min

44

Ego Is the Enemy

02:03:02 • 2min

45

The Importance of Listening to Yourself

02:05:18 • 2min

46

The Power of Will

02:07:43 • 2min

47

How to Let Other People Win

02:09:26 • 3min

48

The Importance of Confidence in Success

02:11:59 • 3min

49

The Importance of Iteration

02:15:16 • 3min

50

The Problem With Telling the Story

02:17:53 • 3min

51

The Importance of Putting an Ego as the Enemy

02:21:13 • 4min

52

The Importance of Being Humiliated

02:24:55 • 2min

53

The Importance of Outliers

02:26:37 • 3min

54

Ego Is the Enemy

02:29:27 • 3min

55

The Importance of Dedication

02:32:08 • 4min

56

The Survivor's Bias

02:36:29 • 3min

57

The Paranoid Survive

02:39:30 • 2min

58

How to Deal With Failure

02:41:03 • 2min

59

The Importance of Painful Experience

02:43:23 • 2min

60

The Power of Aspiration

02:45:05 • 2min

61

The Importance of Authenticity in the Age Groups

02:46:53 • 3min

62

How to Make Money Up to the Money and Up, Down and Surprise Markets

02:49:40 • 2min