
Michael Covel's Trend Following
Ep. 1293: If You Can't Measure It with Michael Covel on Trend Following Radio
Jun 24, 2024
The podcast discusses the importance of measuring progress, contrasting trend following with predictive technical analysis. It explores trust in predictive technical analysis and societal constructs, while highlighting 'crazy' behavior in trading. The speaker emphasizes evidence-based decision-making and offers further engagement through email.
27:44
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Measuring performance is essential for effective management, 'If you can't measure it, you probably can't manage it.'
- Utilizing data analysis and quantifiable results leads to informed decisions and performance improvements.
Deep dives
Importance of Measuring Performance
Being able to measure performance is crucial as it directly impacts management. The statement 'If you can't measure it, you probably can't manage it' emphasizes the significance of quantifying outcomes for effective oversight. The example provided regarding box jumping illustrates how measuring progress leads to improvement and risk mitigation in physical activities.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.