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Michael Covel's Trend Following

Ep. 128: The Man Behind The Curtain with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 12 June 2013

⏱️ 16 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue The Man Behind The Curtain 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.

0:12.2

Nobel Prize winners, legendary traders, best-selling authors, and the pros that know what drive us irrational human beings. I am your host, Michael Covell,

0:24.6

not filtered, raw, honest. That's my passion. I tell my friends in China and Vietnam, at least their government doesn't pretend.

0:44.1

My friends in China and Vietnam know where their government stands.

0:50.5

They know what the deal is.

0:55.0

Unfortunately, my home country right now, America, pretends.

1:00.0

It pretends that there are certain basic civil liberties.

1:07.0

It pretends that you have a right to privacy. I'm reading an article today, written

1:15.0

by Rand Paul, called Big Brother is Really Watching Us. Subtitle, Monitoring Hundreds of Millions

1:22.7

of Phone Records is an extraordinary invasion of privacy. It sure is an extraordinary invasion of privacy.

1:28.9

Sadly, though, it doesn't really appear people care.

1:36.4

I have a theory about why people don't care, and I'll come to that in a second.

1:41.0

But at the end of Rand Paul's op-ed in the Wall Street Journal, he says,

1:47.4

The administration has responded to the public uproar by simply claiming that it is allowed to have unlimited access to all Americans' private information.

1:55.4

This response is a clear indication that the president views our Constitution and the right of the people to be secure in their

2:01.5

persons, houses, papers, and effects as null and void.

2:06.7

Well, I would point out that most people probably don't know what is in the Constitution

2:10.2

today, so I'm not really sure that Senator Paul's point really goes far because most

2:16.6

people don't know what it is.

2:18.9

His last paragraph of his op-ed, he says,

2:21.8

If this is the new normal in America, then Big Brother certainly is watching,

2:25.8

and it's not hyperbolic or extreme does he so.

...

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