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Michael Covel's Trend Following

Ep. 409: Tom Sterner Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 25 December 2015

⏱️ 55 minutes

🧾️ Download transcript

Summary

My guest today is Thomas Sterner, the founder and CEO of The Practicing Mind Institute. As a successful entrepreneur he is considered an expert in Present Moment Functioning or PMF tm. He is a popular and in demand speaker who works with high performance individuals including, athletes, industry groups and individuals, helping them to operate effectively within high stress situations so that they can break through to new levels of mastery. He self published the first edition of "The Practicing Mind," and as it snowballed into a phenomenon, publishers started knocking at his door for wider distribution.

The topic is his book The Practicing Mind: Developing Focus and Discipline in Your Life Master Any Skill or Challenge by Learning to Love the Process.

In this episode of Trend Following Radio we discuss:

  • Attention combined with intention
  • Non-judgment
  • Perils of multitasking
  • Controlling your mind
  • Constant media chatter

Jump in!

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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.

0:10.9

Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.

0:20.7

I am your host, Michael Covel.

0:23.1

Not filtered, raw, honest.

0:26.4

That's my passion.

0:33.3

My guest today is Thomas Sterner.

0:36.9

His under-the-radar success.

0:40.8

The book, The Practicing Mind.

0:45.0

Now, without me even giving an introduction as to what this subject is about, you know what it's about.

0:54.0

How to think about practice, the focus, the tenacity, developing the skills, the right mind frame.

1:04.3

I don't care whether trading or any other entrepreneurial endeavor, any endeavor, pursuing any type of skill, something you want to

1:15.4

accomplish.

1:18.6

Practice is a solo journey. Practice is inside. Nobody can give you practice. Tom brings some great insights.

1:30.2

I hope you enjoyed this conversation with the author of the practicing mind.

1:42.0

I love this from you, though.

1:44.3

All of life is practice in one form or another.

1:47.3

Actively practicing something is very different from passively learning.

1:51.4

You will never reach a level of performance that feels complete, so learn to love the art of practicing your skill.

1:58.2

Wow, that's a mouthful, isn't it?

1:59.7

I mean, that's, that's, how many people across

2:02.7

millions and millions, if not billions of people across this world, if they could just,

2:08.8

not that they can't, but if they could just understand those few sentences,

...

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