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Michael Covel's Trend Following

Ep. 1229: Media Manipulation with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 3 November 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Media Manipulation 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.

0:26.6

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

0:28.5

That's my passion.

0:39.1

I'm going to play a chapter from my audio book for my book, Train Commandments.

1:00.0

But before I play it, a little setup, media is so invasive, so pervasive, so everywhere with the same voices for so long, we forget about how much bullshit it is. We forget that these people are reading teleprompters. We forget that these people are not the best and the brightest.

1:06.2

They're hired hands. They're flunkies. They're pushed out there to say something that a big corporation wants to say.

1:16.3

Maybe it's bullshit.

1:18.2

Maybe it's just to attract eyeballs.

1:20.8

Maybe they're just dumber than a box of rocks.

1:23.8

Actually, it's not that they're maybe dumb as a box of rocks they are we're not talking about

1:31.3

the high achievers we're talking about people that got inside of corporate media machines

1:37.3

worked their way up got on screen and here we are but But the sad thing is, they're influential. People turn it on,

1:48.6

and they listen, and they don't often question. They don't know to question. They hear something

1:56.1

on some talk show, some financial talk show, some interview. They accept it as face value. I'm not very

2:04.9

good at accepting anything at face value. Not to go into it again because I have a longstanding

2:12.0

dislike for something like a CNBC. Not a hatred or anything. It is what it is.

2:18.4

But just to dislike the immoral, untruthful nature of something like it.

2:24.6

With this all in mind, let me play this chapter from my book, Trent Commandments.

2:29.5

Yes, it's a few years ago, but yes, it's timely.

2:33.4

It shows how a typical voice, in this case, Joe Kiernan of CNBC fame, who is interviewing

2:41.5

trend follower David Harding, it shows how Kernan doesn't have a clue.

...

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