This is Trend Following Radio, where great thinking comes alive.

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

I am your host, Michael Coval.

Not filtered, raw, honest.

That's my passion.

Two survivors,

two guys that have been around a long time making an absolute boatload

train full of money. Wealthy as they can be super successful. They're not trend following

traders in a sense of how I would define trend-following by any stretch of the imagination.

However, they are very keen about risk management, position sizing, and all those really, really core things for great successful investing trading.

Today I want to feature two speeches.

Charlie Munger, Warren Buffett,

Berkshire Hathaway.

They don't need much introduction.

Now, I've gone on record over the years

with some criticism.

I will restate that criticism now.

Mr. Munger and Mr. Buffett, while super successful,

perform a type of strategy that you can't.

They're the biggest, baddest guys on the block.

They trade massive derivative positions, things that we

won't understand, things that only happen when you are at their level and you can coordinate

...