Ep. 438: The Big Short Never Ends with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 4 April 2016
⏱️ 31 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue The Big Short Never Ends with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
---
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. |
| 0:21.1 | I am your host, Michael Covel. |
| 0:24.0 | Not filtered, raw, honest. |
| 0:27.4 | That's my passion. |
| 0:32.0 | I love that verse from Joe Walsh. |
| 0:35.3 | I have a mansion. |
| 0:37.0 | Forget the price. Ain't never been there. They tell me it's |
| 0:41.0 | nice. I live in hotels, tear out the walls. I have accountants pay for it all. Those damn CPAs, |
| 0:51.9 | they keep everybody in business, huh? |
| 1:04.3 | CPAs, attorneys, they allow the cover for the great scams of Wall Street to unfold. |
| 1:10.6 | Today I'm going to talk about one of those scams, what we can learn from it. |
| 1:15.7 | But first, a blast from the past. |
| 1:22.9 | Because I will guarantee you any scam that takes place today in 2016, we've been there before, |
| 1:27.3 | seen that, done that, been there before, nothing new. |
| 1:32.1 | Let's go back to the early 2000s. |
| 1:37.6 | For some of you listening, you're not going to recall 15 years ago. |
| 1:42.4 | But Enron was this fantastic company. |
| 1:45.5 | Perhaps you've seen the documentary on Netflix. |
| 1:47.2 | Pretty cool documentary. |
| 1:51.5 | But Enron was one of the biggest, best companies. |
| 1:53.2 | They were making an absolute fortune. |
... |
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.