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 Covel.

Not filtered, raw, honest.

That's my passion.

I'm going to pull from a presentation, a recent presentation.

No big intro.

Dive right in. It's a trend following presentation. Of course, that's what the hell I do.

Three footnotes to this presentation. Since you will not see visuals and visuals are not needed,

you will get a tremendous amount out of this, even if you don't have the visuals, and you don't have the visuals.

So no complaining, but it's still cool stuff.

But the three footnotes.

I talk about a picture early on, around the five-minute mark, of a guy who's sitting there.

Well, it's a guy sitting in front of like 15 monitors.

I think by now everyone knows that if you're sitting there each day in front of 15 monitors,

that's just mental masturbation.

That's ridiculous.

Number two, I talk about a guy named Nicholas Darvis, and I refer to him as a dancer.

Now, you can go Google Nicholas Darvass, and you can find out that he was indeed a dancer who happened to be

a trend following trader who happened to be featured in Time magazine at one point in time

for his trend following trading while he was a professional dancer. Oh, when was this? The 1950s.

What does the 1950s have to do with today? Oh, right, it can't possibly be related today because

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