4.6 • 730 Ratings
🗓️ 1 September 2025
⏱️ 19 minutes
🧾️ Download transcript
Please enjoy my monologue Attitude Adjustment 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!
Click on a timestamp to play from that location
| 0:00.0 | Five points today that I want to make that I think are terribly important for trend following success |
| 0:06.0 | and life success in general. And what is success? We'll get to that, but hint, it's freedom. |
| 0:15.0 | Number one, Naval Ravacant. The smartest people are all self-taught, even if they went to school. Look, let's be |
| 0:24.5 | frank. I have relatives currently in college at big-name schools in America. They have been forced |
| 0:32.6 | to sit through gender studies classes, where they bring men in wearing dresses and these freak |
| 0:41.5 | shows describe whatever issues they have. |
| 0:46.6 | There's absolutely nothing that you, your kids, your family, your friends can learn from |
| 0:51.8 | some freak show showing up wearing a dress. |
| 0:55.4 | This is deviancy, my friends. |
| 0:57.7 | It's not learning. |
| 0:59.8 | And beyond just the sheer fact of teaching something nonsense like that, |
| 1:05.4 | what about modern finance classes? |
| 1:08.1 | What are you learning there? |
| 1:09.9 | Can you find someone who's learning about trend following |
| 1:12.6 | in a university? Please, you can't. There's a few professors that might talk about it, and they've all |
| 1:20.6 | appeared on my podcast. And just these few examples for me are just to make the point, to drive home the point. |
| 1:26.6 | You don't get the education you really need |
| 1:29.2 | to find success, to find freedom by sitting in a university classroom, by sitting in a high school |
| 1:35.6 | classroom. Think about who is teaching you. Think about what they know. Think about what they're |
| 1:41.4 | asking you to memorize. Think about the propaganda. |
| 1:45.3 | Back to DeValle's point. |
| 1:46.9 | The smartest people are all self-taught even if they went to school. |
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