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Michael Covel's Trend Following

Ep. 1052: Jane McGonigal Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 21 February 2022

⏱️ 58 minutes

🧾️ Download transcript

Summary

My guest today is Jane McGonigal, a future forecaster and designer of reality games created to improve real lives and solve real problems. She is also the author of two New York Times bestselling books, Reality Is Broken: Why Games Make Us Better and How They Can Change the World and SuperBetter: The Power of Living Gamefully. She is the Director of Games Research & Development at the Institute for the Future, a non-profit research group in Palo Alto, California, currently teaches the course “How to Think Like a Futurist” at Stanford University.

The topics are psychology and neuroscience.

In this episode of Trend Following Radio we discuss:

  • Build our collective imagination so that we can dive into the future and envision, in surprising detail, what our lives will look like ten years from now
  • Develop the courage and vision to solve problems creatively
  • Take actions and make decisions that will help shape the future we desire
  • Access “urgent optimism,” an unstoppable force within each of us that activates our sense of agency

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/

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

Click on a timestamp to play from that location

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.

0:25.7

I am your host, Michael Covel, not filtered, raw,

0:40.0

honest. That's my passion. Today in the show I have Jay McGonical. We are here to discuss today what's imaginable.

0:48.2

What can you imagine? Happens to be the title of her new book, imaginable, how to see the future coming and feel ready for anything, even things that seem impossible today.

0:55.2

Now, you might think for a second, a guy who comes from a trend-following perspective

1:00.0

might have beefs with that title.

1:04.0

Not necessarily.

1:05.8

Jane is not attempting to say that she can predict tomorrow.

1:09.1

That's not the point.

1:10.7

The point is can you imagine tomorrow?

1:14.7

Can you imagine all of the if thens? Not all of them, but can you imagine a lot more than zero

1:20.4

that could happen so you can be better prepared? There is a lot of psychology.

1:27.7

There's a lot of neuroscience.

1:29.5

And this is about training our minds to think the unthinkable and imagine the unthinkable.

1:37.2

I mean, this is not just following the crowd.

1:40.9

We're still in the middle of this pandemic.

1:44.3

But I think everyone knows by now that going with the crowd during this pandemic time, was that the best case?

1:53.0

Or if you were thinking about some of these worst case scenarios well in advance, would you have taken a better action than just panic?

2:02.4

Let's jump right in.

2:03.7

Let's talk about some of these if-thens that can always happen in our lives.

2:09.9

I hope you enjoyed this conversation with Jane McGonicle.

...

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