Ep. 430: The Mob Rules with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 7 March 2016
⏱️ 21 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue The Mob Rules 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
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| 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. |
| 0:21.6 | I am your host, Michael Covel. |
| 0:23.6 | Not filtered, raw, honest. |
| 0:26.6 | That's my passion. |
| 0:32.6 | Someday, another day may never come. |
| 0:35.6 | I'll call upon you to do a service for you. |
| 0:40.3 | But until that day, |
| 0:44.0 | except this justice is a gift on my daughter's wedding day. |
| 0:47.5 | If you've not yet seen the Zuckerberg virtual reality |
| 0:53.0 | garden of followers picture and let me define that a little more |
| 1:00.0 | clearly. Mark Zuckerberg, the owner of Facebook, the man who will always be the owner of Facebook, |
| 1:04.9 | the man that will always have all voting control over Facebook until the day he dies. And then after, quite amazing actually, |
| 1:14.0 | his family will control Facebook forever. A great picture of him walking down the aisle |
| 1:22.0 | in an army, literally an army of people sitting in their chairs while he's walking, |
| 1:29.4 | an army of people sitting in their chairs wearing their virtual reality helmets, |
| 1:35.0 | hooked up the laptop sitting on their lap. |
| 1:39.2 | A truly frightening Orwellian picture. |
| 1:44.9 | I like to think that Mark Zuckerberg is not a bad guy, but boy, does he have a lot of power. |
| 1:51.4 | And perhaps if I was in his shoes, I would want armies of dudes hooked up to virtual reality helmets, |
| 1:59.3 | plugged into their laptop, all connected through Facebook, |
| 2:02.6 | with their credit cards and PayPal accounts wide open to pass along money for whatever |
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