Ep. 50: James Altucher Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 25 August 2012
⏱️ 50 minutes
🧾️ Download transcript
Summary
My guest today is James Altucher. From hedge fund manager, to author, to blogger to angel investor, Altucher has a wide and varied career bringing a very honest perspective to life, the cerebral side of the equation, health, and happiness. You can have all the systems in the world, but if you don't have the six inches between your ears figured out, it's all for nothing.
The topics are yoga and trading.
In this episode of Trend Following Radio we discuss:
- Transparency
- The connection between yoga and trading
- Greed
- Happiness
- Expectations
- Some of Altucher's early influences
- Physical, emotional, and mental health
- Honesty.
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. |
| 0:21.1 | I am your host, Michael Cobell. |
| 0:24.0 | Not filtered, raw, honest. |
| 0:27.3 | That's my passion. |
| 0:33.7 | James Outtoucher is the guest today, and James is interesting, to say the least. He brings a |
| 0:42.1 | very, very honest perspective at life, the mental side of the equation, health, happiness, |
| 0:52.2 | and that's the key. |
| 0:56.8 | You can have all your rules, you can have all your systems, |
| 0:59.8 | but you better have the stuff upstairs figured out. |
| 1:05.1 | And so follow along with James and I. |
| 1:09.6 | I think it's a good, it's a good conversation, a good back and |
| 1:12.7 | forth. And this, it's a really good foundational perspective, regardless of how you want to make |
| 1:20.7 | money. As a trend following trader, as an entrepreneur, as a business person, I don't care. |
| 1:25.6 | But this way of thinking about oneself, thinking about the mental side of the equation, |
| 1:30.9 | if you don't have that figured out and your life is filled with drama, |
| 1:34.9 | it's going to be a tough one. |
| 1:36.3 | It's going to be a tough one. |
| 1:37.8 | I hope you enjoy it. |
| 2:03.1 | Yeah. Today on the show I have James Altutcher and James has got a wide and varied career from hedge fund manager to author to a blogger extraordinaire. And if you've not seen his blog, the outtoucher confidential, you must. You know, James was kind enough to give me |
| 2:10.1 | a really cool endorsement on one of my last books, Train Commandments, basically saying it was |
| 2:14.4 | must read. But, you know, I really think if you're, if you're trading, |
... |
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