Ep. 1365: The Transformation III with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 17 November 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Please enjoy my monologue The Transformation III with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

---

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	As I build up to Black Friday, yeah, it's just another day. But for me, it's one of those
0:07.0	transform days where I get the chance to help people transform, help people find the
0:14.0	transformation. Now this is tricky in a world that's built on illusion, because there's an art to sing clearly.
0:22.9	Look, my worldview is kind of well known, if you've had a chance to listen to this podcast,
0:28.7	but I can give a quick summary.
0:31.5	It's about flow and adaptation.
0:34.8	It's about process over prediction.
0:37.4	It's about modeling the greats. It's about process over prediction. It's about modeling the greats.
0:40.3	It's about real risk versus fake safety. Cutting through the noise. Mindset transformation.
0:48.6	Bayesian learning. Go listen to my Alison Gopnik on Bayesian babies if you've not heard.
0:54.8	Price as truth.
0:56.8	Trendfowling 101.
0:58.3	Human nature as the enemy.
1:00.4	Now that's a little harsh because if you understand human nature, it's not the enemy if you can harvest it.
1:07.3	And this all ties together.
1:09.5	Breaking free from the illusion. Learning to see clearly, learning to act systematically.
1:15.8	This is where I want to go today.
1:18.1	You know, when I talk about clarity, not this soft, dreamy clarity, you get from a motivational poster, but the kind you get when you strip away the illusion, the prediction, the ego, and the
1:28.7	endless noise that our world throws at us. Given all the technologies that we have, the ability
1:35.6	to find the truth, it's fascinating how much lying is going on. At the upper reaches of media
1:43.6	power, the lies are nonstop. And we have the ability
1:48.7	to now, with social media, especially X, define the truth. That wasn't always the case. Now look,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Michael Covel, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Michael Covel and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.