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Podcast: Michael Covel's Trend Following
Episode: Ep. 491: Brian Christian Interview with Michael Covel on Trend Following Radio
Description: Brian Christian, co-author of “Algorithms to Live By: The Computer Science of Human Decisions,” is on today’s podcast. The book shows how common algorithms relate to our everyday lives. Brian starts off giving a historical explanation of an “algorithm”. Algorithms do not just relate to computers or mathematical procedures. A cooking recipe can be described as an algorithm or you could use an algorithm to solve the question, “How do you know when your best opportunity is?” Brian says you use an algorithm known as “optimal stopping” to solve this question. He explains the algorithm that provides the best...