Trend Following With Michael Covel

My guest today is Daniel Kahneman, the second Nobel Prize winner to appear on this podcast. Kahneman is an Israeli-American psychologist and economist notable for his work on the psychology of judgment and decision-making, as well as behavioral economics, for which he was awarded the 2002 Nobel Memorial Prize in Economic Sciences. The topic is behavioral psychology. In this episode of Trend Following Radio we discuss: Kahneman's beginnings, and how he came to realize he was looking at the world from a different vantage point than most How Kahneman's work is foundational to trading Questioning the dogma of rationality Happiness, and the distinction between the remembering self and the experiencing self The consumption of memories The danger of not making peace with a loss Bubbles and crowd behavior Happiness research and public policy Emotion, possibility, and probability Hope and fear Why optimism is the engine of capitalism The influence of prospect theory Jump in! --- I'm MICHAEL COVEL, the host of TREND