4.6 • 730 Ratings
🗓️ 12 June 2017
⏱️ 15 minutes
🧾️ Download transcript
Please enjoy my monologue The Singer Perspective 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
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Hope you enjoy my never-ending podcast conversation!
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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. |
| 0:21.2 | I am your host, Michael Coval. |
| 0:24.0 | Not filtered, raw, honest. |
| 0:27.3 | That's my passion. |
| 0:32.6 | I'm going to jump right in today. |
| 0:34.4 | I'm going to be stealthy, quick. |
| 0:41.1 | Paul Singer. Maybe you've been not heard of Paul. I'm going to be stealthy, quick. Paul Singer. Maybe you've not heard of Paul. |
| 0:47.6 | I'm not that familiar with him. Hedge fund manager. Fortune magazine has described him as one of the smartest and toughest money managers. He's been referred to as a vulture capitalist. Of course, people love to say something nasty about a guy who has a purported $2.2 billion net worth. |
| 1:03.9 | Cheers to that for Mr. Singer for achieving significant net worth. |
| 1:09.7 | Today, I want to go into some recent comments from Paul Singer. |
| 1:14.0 | He has some very strong fundamental views. |
| 1:16.3 | They happen to coincide with mine in many ways. |
| 1:20.1 | But you're going to see, that's not the most important thing he has to say. |
| 1:25.6 | His big picture macro view is important, |
| 1:28.5 | but his perspective on trading, |
| 1:33.2 | that's the home run. |
| 1:34.8 | That's the takeaway. |
| 1:36.9 | So just recently, |
| 1:38.2 | Singer's firm, |
| 1:39.7 | Elliott Management, |
| 1:40.5 | they raised $5 billion in less than 24 hours. |
... |
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