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Michael Covel's Trend Following

Ep. 155: Boom-Bust Cycles with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 11 September 2013

⏱️ 32 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Boom-Bust Cycles 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.

0:22.4

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

0:28.7

That's my passion.

0:43.8

So somebody I respect who has passed along good insights to me an email before.

0:51.2

We've never met, but he sent me a long email the other day after my Gerald Salente podcast.

0:56.0

If you've not listened to my Gerald Salente podcast, even if you have heard of Gerald, have an opinion of Gerald, listen to my 30 minutes of Gerald.

1:04.0

So this reader writes me and he says, quote, so I listened to Gerald Salente's podcast interview

1:09.2

during which there was a segment in which he almost went off the cliff in anger and discussed that the geopolitical, economic, and social state of affairs we witness in today's world.

1:19.8

Lack of passionate viewpoint is not something he can be accused of.

1:23.4

You were particularly quiet yourself, he's talking about me, at that point,

1:31.3

graciously affording him the space to articulate in full where he was coming from.

1:34.2

I'm curious what reactions you might have received from listeners.

1:37.9

Thing is, how he was feeling, what he shares resonates.

1:42.9

If one is of the glass half full tribe, as I wish to be,

1:45.3

maybe even harboring affinity for Kurzweil's singularity moment of arrival.

1:47.4

We're also on the cusp of some remarkable innovations in exciting times.

1:51.5

There's a silver lining on the horizon.

1:53.9

Yet something is awry.

1:55.5

It feels as if we're just spinning our wheels like a hamster.

1:58.3

Lots of activity, but no real progress.

2:01.9

We read familiar sources. He's talking to me. Tom Friedman, Seth Godin, Nassim Taleb, Neil Ferguson,

...

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