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Michael Covel's Trend Following

Ep. 1187: Hide the Truth with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 9 June 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Hide the Truth 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

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.

0:21.3

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

0:27.4

That's my passion.

0:33.8

Let's see if I can stir the pot a little bit today.

0:37.5

I want to read a tweet.

0:39.6

It goes like this.

0:41.8

Always remember when you are arguing against someone that most people have zero ability

0:46.5

to be convinced by evidence, only by social pressure.

0:51.8

They would say the sky was green and two plus two equals five if everyone else

0:55.9

was saying it. These people all tend to change their minds at once right at the end when they

1:02.6

notice that belief X is now the high status one. I call this status-based epistemology, end quote.

1:12.9

Well, there you go, ladies and gentlemen.

1:14.7

That is modern life for you.

1:17.4

The vast majority of people do not want to think.

1:21.0

They do not want to have to make a decision.

1:24.0

They don't want to do a damn thing, except trust the crowd of sheep that they happen to be in the

1:31.0

middle of running hard with and if that pack of sheep happens to be liars cheats scum dirtbags fools

1:41.4

posers assholesholes, and politicians.

1:46.9

So what?

1:48.3

They're your sheep.

1:50.2

You run with them.

...

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