Ep. 310: Daniel Simons Interview with Michael Covel on Trend Following Radio

My guest today is Daniel Simons, an experimental psychologist, cognitive scientist, and Professor in the Department of Psychology and the Beckman Institute for Advanced Science and Technology at the University of Illinois. Simons is most well known for his work on change blindness and inattentional blindness, two surprising examples of how people can be unaware of information right in front of their eyes. His research interests also include visual cognition, perception, memory, attention, and awareness.

The topics are experimental psychology and cognitive science.

In this episode of Trend Following Radio we discuss:

• Simons’ YouTube success
• The definition of inattentional blindness
• Why our intuition about our own minds is often wrong
• Money managers and weather forecasters
• Serial tasking, multitasking, and focus
• How Simons became immersed in this area of study
• Memory and attention, and the myths and misconceptions surrounding them
• The notion of intuition, gut decisions, and Simons’ thoughts on Malcolm Gladwell’s “Blink”
• The idea of preparation in relation to expert performance
• The science behind eyewitness testimony
• How our minds don’t work the way we think they do

Jump in!

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

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Hope you enjoy my never-ending podcast conversation!