Ep. 583: Richard Clarke Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 25 August 2017

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Richard Clarke, the co-author of “Warnings: Finding Cassandras to Stop Catastrophes.” Richard was also the former National Coordinator for Security, Infrastructure Protection and Counter-terrorism for the United States. He worked for the government starting with Ronald Reagan’s Presidency and continued to move up the ladder until he resigned in 2003 under President George W. Bush’s presidency.

The topic is his book Warnings: Finding Cassandras to Stop Catastrophes.

In this episode of Trend Following Radio we discuss:

The Gulf War
Islamist terrorism
World Trade Center bombing
Osama bin Laden
The underestimation of Al-Qaida
Forcing democracy on the world
9-11
War on Iraq
Global Warming

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

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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 Covel, not filtered, raw, honest.
0:27.4	That's my passion.
0:33.0	My guest today is Richard Clark.
0:35.0	He is the former national coordinator for security, infrastructure, Protection, and Counterterrorism for the United States.
0:43.3	Dick served in the State Department under Ronald Reagan, worked for President George H.W. Bush, worked for President Clinton, and worked for President George W. Bush.
0:55.9	Dick has seen quite a bit behind the scenes when it comes to all of the nasty subjects that we've
1:02.4	seen splayed across the news for the last 30 years. I'm very fortunate to have a true
1:09.9	insider on the show to give his perspective.
1:13.6	I hope you enjoy this conversation with Richard Clark.
1:24.4	So, Dick, in advance of this conversation, I was thinking to myself, wow, I've really got someone who has been in the catbird seat, going back to the Reagan administration, in the state department, inside the Bush administration, inside the Clinton administration, inside the Bush administration, you've had a catbird seat to watch so many things unfold, and specifically
1:46.2	to watch the Middle East and to watch, you know, Islamic extremism unfold going back a long
1:53.8	time. I think we would be amiss today in our conversation, and especially with your,
1:58.2	the notion of finding Cassandra's, in your mind, with your experience,
2:03.3	what you've seen and what people through to today.
2:07.9	And what I mean by that is where's the starting point for you?
2:11.5	I want to really pick your mind today to give people a great education, a kind of a non-political
2:16.9	education about where we stand
2:18.6	in the world today in terms of these issues. In your mind, when it comes to the Middle East
2:23.9	and Islamic extremism, is there a starting point for you? With all the experience that you've had,
2:29.1	decades in government, what is the starting point in your mind?
	...

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