Ep. 278: Larry Swedroe Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6 • 732 Ratings

🗓️ 29 September 2014

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Larry Swedroe, a Buckingham Asset Management principal. He is also a principal and co-founder of BAM Advisor Services, LLC, and serves as the director of research for both entities. Swedroe has authored or co-authored fourteen books and comes at investing from an evidence-based approach.

The topic is outside the box market perspectives.

In this episode of Trend Following Radio we discuss:

Forecasters and prediction
The three types of forecasters
Confirmation bias
How your political affiliation might change your willingness to listen to forecasts
Value perspective vs. momentum perspective
The anomaly of momentum
The evidence-based thinking approach
Momentum trading in 2008
How Swedroe prepares for the unexpected
Not treating the unlikely like it's impossible
Managing your risk
Process vs. outcome
The equity risk premium and bear markets
Commonplace crises
Planning ahead
Diversification attempts to get outside of equities

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.
0:32.8	Today in the show, I have Larry Swaydrow.
0:35.0	Larry is a Buckingham Asset Management Principle. He's authored or co-authored, I have Larry Swedro. Larry is a Buckingham asset management principle.
0:38.7	He's authored or co-authored, I believe, 14 books.
0:43.4	Prolific.
0:45.3	He comes at investing in his writings at ETF.com and his books from an evidence-based approach.
0:53.8	I enjoyed our conversation.
0:55.7	We both come at this from slightly different vantage points.
1:00.5	But I think there's some commonality in our thinking.
1:03.9	The evidence-based thinking.
1:06.5	When we talk about momentum-style trading in this conversation,
1:09.7	we are really not talking about
1:12.0	trend following as I write about in my books and as I talk about in my podcast.
1:18.0	It's a slightly different perspective.
1:21.9	I do hope you enjoy this conversation.
1:23.6	I enjoy talking to Larry quite a bit.
1:38.5	I wanted to jump in with this idea of forecasters.
1:45.5	And you had a great piece on your site, on your blog entry. And it goes to a a lot of different places it was on the etf.com where I caught it but the idea of wizards and forecasters and
	...

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.