1235: Fight the Power with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 24 November 2023
⏱️ 18 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue Fight the Power with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
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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/
Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast
My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel
Hope you enjoy my never-ending podcast conversation!
Transcript
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| 0:00.0 | This is Trend Following Radio, where great thinking comes alive. |
| 0:10.9 | Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings. |
| 0:21.1 | I am your host, Michael Cobell. |
| 0:24.0 | Not filtered, raw, honest. |
| 0:27.3 | That's my passion. |
| 0:33.5 | I can't be the only one that feels the ramp up. |
| 0:38.5 | Something is ramping up. |
| 0:41.3 | You can feel it in the social, the political, the economic, the financial. |
| 0:47.1 | There's a ramp up. |
| 0:49.2 | I don't want to call it in uneasiness because one man's uneasiness is another man's opportunity. |
| 0:56.3 | So it's not really that, but there is a ramp up. |
| 1:00.6 | And what I feel more than anything is this conflict between those who want to do, |
| 1:10.2 | those who want to succeed, those who want to achieve, and those who |
| 1:14.9 | can't. And those who can't are very easy to spot. They look to use the power of the state |
| 1:21.6 | to get their money. It's that simple. It makes absolutely no sense, for example, to listen to this podcast, |
| 1:30.5 | to listen to my voice. If you spend your time arguing about how the state will take care of you |
| 1:39.8 | or your friend or your neighbor or some other person in society. |
| 1:47.0 | We've got enough state taking care of. |
| 1:49.9 | The state can't take care of themselves. |
| 1:52.4 | The state can't take care of you. |
| 1:55.6 | The state is barely able to do shit. |
| 2:02.6 | Has anyone seen, for example, the pictures of American cities in the last few years. |
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