Ep. 1223: Reset with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 13 October 2023
⏱️ 21 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue Reset 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. |
| 0:33.8 | Back in the saddle in Southeast Asia, back in the saddle to a place where I enjoy being. |
| 0:42.0 | After one month in America, is that a prison sentence or is that a joy? |
| 0:48.3 | It's probably a combination of both. |
| 0:51.5 | Before I jump into sharing where I want to go today, I will offer a big picture thought |
| 0:58.6 | about the current Middle East environment. When I was a teenager, I was asked to join the |
| 1:06.2 | Selective Service in America shortly after the Marine Corps barracks were bombed in Lebanon. That was in |
| 1:12.7 | Beirut, I believe. And at that point in time, as a young teenager, I expected I would be fighting |
| 1:17.4 | in the Middle East somewhere. Now, that did not happen, but the conflicts in the Middle East kept |
| 1:23.6 | happening. Conflicts that my country kept being involved in. And of course, as an American, |
| 1:30.8 | we are told every story under the sun about why we must be involved in some particular conflict, |
| 1:37.4 | whether that's Vietnam, whether that's Iraq, whether that's Syria, whether that's Ukraine, |
| 1:44.0 | and probably what's going on right now, America will be |
| 1:47.7 | involved in. And of course, most people will have their piss and vinegar worked up about the current |
| 1:52.9 | conflict right now. So if you don't jump into their perspective about the right now, you are |
| 1:59.8 | evil incarnate. |
| 2:01.8 | However, I just rattled off conflicts that America has been involved in over the years that |
| 2:07.4 | killed millions of people that had no strategic American purpose at all. |
| 2:14.4 | I ask that all of you that might have a perspective, to let that perspective lengthen, |
... |
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