Ep. 1139: Tail Risk Thinking with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 23 December 2022
⏱️ 86 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue Tail Risk Thinking 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. |
| 0:21.2 | I am your host, Michael Covel, not filtered, raw, honest. |
| 0:27.4 | That's my passion. |
| 0:33.5 | Just a few days before Christmas, 2022. Are you a buy and hold investor? Have you believed in the |
| 0:42.4 | system? Do you still believe in the system? Now, of course, they might turn it around and they |
| 0:49.6 | might go back to QE infinity and they might figure out a way to levitate risk assets to the moon again, |
| 0:57.3 | how much do you want to bet on that? Is that really where you want to play ball? Or if you're a |
| 1:03.7 | rational person who thinks that tail risk is still a thing, it's kind of time for trend following, |
| 1:10.7 | isn't it? |
| 1:11.8 | Just a few quick links that you should check out if you have not seen across my world, |
| 1:18.0 | trendfowing.com slash FAQs, trendfowing.com slash resources. |
| 1:25.6 | Some great free insights that will bring you into the trend following mindset right |
| 1:30.9 | away. And for those of you that did not take advantage of my professional offer, my professional |
| 1:36.6 | course and system offer, as we close out 2022, I do have a special on my longstanding flagship product. |
| 1:47.5 | If you'd like to take advantage of that, drop me an email. I'm easy to reach, |
| 1:52.4 | Michael at covel.com. C-O-V-E-L.com. And as we head into this Christmas weekend, |
| 2:04.9 | let me give you a little best of, a little motivational best of, a little good thinking best of. I hope you enjoy one of my favorite episodes of all |
| 2:16.2 | time. Because if you can figure out a way to think like this guy thought |
| 2:21.7 | while he was alive, and yes, he unfortunately has passed on, but if you can figure out a way |
| 2:27.7 | to go his direction, to understand what he understood, and it's timeless, His mindset is timeless. His lessons are timeless. |
| 2:38.2 | But if you can follow his wisdom, you're going to have a great life that much, I promise. |
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