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Michael Covel's Trend Following

Ep. 642: Eyes Wide Open with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 19 March 2018

⏱️ 31 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Eyes Wide Open 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 Covel.

0:24.0

Not filtered, raw, honest.

0:27.4

That's my passion.

0:33.1

Out of the gate today, I have to share a quote, two quotes from Nassim Talib.

0:41.0

So spot on. Not a perspective I would have understood completely at age 17. But now it's gold. Absolutely gold.

0:57.7

Now I know Talib can be considered controversial. He has very strong opinions.

1:03.0

But hear me out for a second. To quote him,

1:06.9

start by being warm, pleasant, and generous with every person you meet.

1:12.6

But if someone tries to exercise power over you, exercise power over him.

1:19.1

And if he messes with you, remember to keep messing with him long after he has forgotten about it, end quote.

1:27.4

Taliban's doggedly determined revenge, particularly when delayed and unexpected,

1:33.3

is not a tit for tat to prevent repetition.

1:36.3

It is to show others what to expect."

1:40.3

That makes me recall back to, I believe, sixth grade.

1:45.5

There was this guy who was bullying me for years, and I wasn't a special athlete at that age.

1:50.8

What is that, 11, 12 years old?

1:52.9

And this kid was just always pushing on me for years.

1:59.5

But you know, at that age, perhaps before puberty or as puberty is happening, you know,

2:06.0

sometimes you're just not really sure what to do.

2:08.6

But at that time, I must have been getting bigger in size.

...

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