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Nassim Taleb and Daniel Kahneman Discuss Antifragility


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Daniel Kahneman on Thinking, Fast and Slow


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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Ep. 264: John H. Cochrane Interview with Michael Covel on Trend Following Radio

John H. Cochrane
John H. Cochrane

Michael Covel talks with John H. Cochrane on today’s podcast. Cochrane is the AQR Capital Management Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Covel and Cochrane cover wide territory today. Covel and Cochrane discuss Warren Buffett’s quote that he “would have made a fortune” if the banks weren’t bailed out; crony capitalism; why “a good Bear failure may have saved us from a bad Lehman failure”; the cost of regulation; Uber, taxi service, and regulation; why commodities keep getting cheaper and cheaper, but people with expertise keep getting more and more expensive; the idea of discretion; and healthcare.

 

Paul Tudor Jones Interviewed October 19, 1987


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Ep. 263: Meir Statman Interview with Michael Covel on Trend Following Radio

Meir Statman
Meir Statman

My guest today is Meir Statman, the Glenn Klimek Professor of Finance at the Leavey School of Business, Santa Clara University. His research focuses on behavioral finance. He attempts to understand how investors and managers make financial decisions and how these decisions are reflected in financial markets. Meir’s latest book, “Finance for Normal People: How Investors and Markets behave” has been published by Oxford University Press.

The topic is his book What Investors Really Want: Know What Drives Investor Behavior and Make Smarter Financial Decisions.

In this episode of Trend Following Radio we discuss:

  • How we make decisions, and how these decisions are reflected in markets
  • What investors want besides the utilitarian aspect of money
  • Philanthropy and status
  • Why Madoff’s clients’ own greed helped them fall into a trap
  • Envy and happiness
  • The fear of losing and the fear of missing out
  • Mental accounting
  • Statman’s drivers and early influences
  • Libertarianism vs. paternalism
  • Social Security and mandatory retirement savings

Listen to this episode:

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“Despite all my rage, I’m still just a rat in a cage…”

John Cochrane: “Rats in cages do a pretty good job of utility maximizing. Yet, when you ask them why they’re doing things they just chew up the survey forms. Are we really so much more self-aware?”


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

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Trend Following Podcast Guests
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Performance
Research
Markets to Trade
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About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Noah Smith: Misinformed View of Trend Following

Zero understanding of trend following can be seen in Noah Smith’s piece here. Trend following is almost the exact opposite of his description. Lazy research and writing.


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.