69 min listen
Ep. 236: Robin Hanson Interview with Michael Covel on Trend Following Radio
Ep. 236: Robin Hanson Interview with Michael Covel on Trend Following Radio
ratings:
Length:
50 minutes
Released:
May 8, 2014
Format:
Podcast episode
Description
Michael Covel speaks with Robin Hanson, a professor of economics at George Mason University. Covel and Hanson discuss the definition of prediction markets; how prediction markets are used politically; comparing the prediction markets to the financial markets; Vernon Smith and coming up with the “why” for booms and busts; dealing with a complex world based on our limited abilities; steering towards humanity’s future; Hanson’s physics background, and how he came to where prediction markets became a passion; how prediction markets can make us pay more attention to the truth; Hayek and Mises, and some of their thinking early on; what taboos and idealogical beliefs might stop one from making optimal decisions; if people have employed particular trading strategies to the prediction markets; stop losses as information and as risk preference; setting up a market to bet on geopolitical events in the Middle East, and the controversy based around that; why DC politicians often cannot handle the research Hanson does; and why Hanson has elected to have his head cryonically preserved after medical death based on a cost-benefit analysis. For more information on Robin Hanson go to overcomingbias.com or hanson.gmu.edu. This is a podcast that at first might not appear useful to the trend following community, but it most certainly adds great value. Want a free trend following video: www.trendfollowing.com/win.
Released:
May 8, 2014
Format:
Podcast episode
Titles in the series (100)
Ep. 5: Nick Radge Interview with Michael Covel on Trend Following Radio: Michael talks to Nick Radge (www.thechartist.com.au) author of the new book, "Unholy Grails". Nick has been trading and investing since 1985. During this time Nick has worked for numerous international investment banks and spent time on the trading... by Michael Covel's Trend Following