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Ep. 258: Megan McArdle Interview with Michael Covel on Trend Following Radio
Ep. 258: Megan McArdle Interview with Michael Covel on Trend Following Radio
ratings:
Length:
36 minutes
Released:
Jul 20, 2014
Format:
Podcast episode
Description
Michael Covel speaks with Megan McArdle on today’s podcast. McArdle is a Bloomberg View columnist who writes on economics, business and public policy. She is the author of "The Up Side of Down: Why Failing Well Is the Key to Success”. She founded the blog "Asymmetrical Information”. Covel and McArdle discuss “trophy kids” and taking the monkey bars away; the idea of a regulator out there trying to guarantee our safety; why the companies that make it aren’t the ones with the best strategic plan--it’s the ones that execute (and fail well); the power of experimentation; Nobel winner Vernon Smith and experimentation; the idea of learning in crisis; how sunk costs are difficult for a large part of the population to grasp; Van Halen, errors, and M&M’s; normative error; small, manageable risks; forager morality vs. farmer morality; and a story about Kentucky Fried Chicken (KFC). Megan McArdle can be found on Twitter at @asymmetricinfo. Want a free trend following DVD: trendfollowing.com/win.
Released:
Jul 20, 2014
Format:
Podcast episode
Titles in the series (100)
Ep. 10: Tom Basso Interview with Michael Covel on Trend Following Radio: Michael Covel interviews Thomas H. Basso, a trader who was called "Mr. Serenity" when he was profiled in Jack Schwager's "New Market Wizards". Basso was a stock and commodities trader who was president and founder of Trendstat Capital Management. He... by Michael Covel's Trend Following