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Michael Covel's Trend Following

Ep. 562: The Singer Perspective with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 12 June 2017

⏱️ 15 minutes

🧾️ Download transcript

Summary

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

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.

0:21.2

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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