Ep. 633: William Damon Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 16 February 2018

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is William Damon, a Professor of Education at the Stanford Graduate School of Education, Director of the Stanford Center on Adolescence, and senior fellow at Stanford University’s Hoover Institution. He is one of the world’s top researchers on development of purpose in life and author of the widely influential book “The Path to Purpose.” In January 2018 he was named one of the 50 most influential psychologists. This conversation lets listeners to rethink their purpose and take inventory on their day to day life.

The topic is his book The Path to Purpose: How Young People Find Their Calling in Life.

In this episode of Trend Following Radio we discuss:

Purpose
Prestige of colleges
Celebrity status misconceptions
Developmental psychology
Influences of childhood
Prospective thinking
Basic morals and values
Public schools and curriculum being used

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.
0:33.2	My guest today is William Damon.
0:35.4	He is a professor of education at the Stanford Graduate School of Education,
0:40.0	director of the Stanford Center on Adolescence, and a senior fellow at the Stanford University's Hoover Institution.
0:47.5	He's one of the world's leading researchers on the development of purpose in life and the author of the widely influential book, The Path to Purpose.
0:56.6	Also, and this is really cool, in January 2018, Bill was named one of the 50 most influential
1:02.6	psychologists in the world. Quite an honor. And for me, I'm honored that as a political
1:10.6	science major, with not great grades at all
1:14.8	who has put together some pretty cool investing books, but I feel honored and fortunate
1:21.8	that I get to continue to learn every time I do this podcast and I get a chance to talk to brilliant men like
1:30.7	William Damon. Think about it. Put yourself in my shoes. I just told you my academic chops.
1:38.4	There's nothing to write home about. Absolutely nothing to write home about. I dialed it in. I got through an undergraduate and I got
1:47.7	through an MBA. Key phrase got through. Now, if I can figure out a way to find a purpose,
1:57.5	and I got to tell you, this conversation with Bill forces anyone, including myself, absolutely
2:02.4	100%, forces me to rethink about the purpose, to carve that purpose a little cleaner on the edges.
2:12.2	It forces that internal inventory, the internal inventory that we should all be doing every damn day.
2:20.4	Because look, you can have all the money in the world. And don't get me wrong, I'm a capitalist.
2:24.7	I'd like to have all the money in the world, but it's probably not going to happen like that.
2:27.4	You can have all the money in the world. You can have all the fame in the world.
	...

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