Ep. 183: Yaron Brook Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 22 November 2013
⏱️ 45 minutes
🧾️ Download transcript
Summary
My guest today is Yaron Brook, an Israeli-American entrepreneur, writer, and activist. He is an Objectivist and the current chairman of the board at the Ayn Rand Institute, where he is the executive director.
The topic is liberty.
In this episode of Trend Following Radio we discuss:
- Trading
- The nature of altruism
- The idea and definitions of selfishness in the context of objectivism
- The power of ideas
- The idea of being a victim
- Schools, teaching, and political teaching
- Entitlement leading to victimhood
- The rise of state power, the ambitious poor, and the minimum wage
- Free work and internships
- Alan Greenspan
- America compared to Singapore
Jump in!
---
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. |
| 0:21.2 | I am your host, Michael Covel. |
| 0:24.0 | Not filtered, raw, honest. |
| 0:27.3 | That's my passion. |
| 0:33.2 | Today in the show I have Yaron Brooke. |
| 0:37.1 | Yaron is the president, executive director of the Ayn Rand Institute. |
| 0:43.0 | For those of you that appreciate Ayn Rand and her work, you will enjoy this conversation quite a bit, I'm sure. |
| 0:49.6 | For those of you that are not familiar with Ayn Rand, but have an open mind, I'm sure you |
| 0:54.5 | will enjoy this conversation as well, and you'll probably learn some new points of you, |
| 0:58.8 | points of you that I really appreciate. |
| 1:01.8 | For those of you that hate Ayn Rand, despise Ayn Rand, but perhaps like what I do, |
| 1:10.2 | will you at least give me the benefit of the doubt and listen to my |
| 1:14.0 | conversation with yarn? And if you don't like my conversation with yarn, can you at least do me |
| 1:20.2 | the consideration of sending me an email and explaining to me exactly what it is that you disagree with because I truly want |
| 1:29.8 | to understand your disagreement. |
| 1:34.5 | I hope you enjoy my conversation today with Yaron Brooke. |
| 1:42.5 | Let me jump right in. |
| 1:48.1 | The idea of a trader, I think it's one of the most important concepts. |
| 1:56.0 | And you know where I'm going with this, but it's a concept, the idea of trading, a trader, and it's |
| 2:01.9 | so reviled in history, it's the masses get conditioned to think this is not a good thing, but |
| 2:08.6 | trading amongst honest men, that's where it all starts. |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2026.