4.6 • 730 Ratings
🗓️ 24 September 2018
⏱️ 18 minutes
🧾️ Download transcript
Please enjoy my monologue The Data Always Beats the Doctor 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!
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. |
0:33.3 | I still remember my early 30s went for a physical. |
0:40.8 | The doctor. |
0:42.3 | Did the blood work. |
0:44.1 | He came back and he said, Mike, you have high cholesterol, the bad kind. |
0:50.9 | I recommend that you go on statins immediately. |
0:56.6 | This is kind of a shock because I don't know what the hell a statin is at the time. And I'm in my early 30s. And I thought to myself, |
1:02.7 | you know what? I'm going to go the other direction. And I asked him, I said, what if I go the health |
1:07.6 | route, lose a little weight, stay in shape, all that kind of fun stuff. |
1:12.0 | He's like, oh, no, no, you got to take the statins. |
1:13.7 | You got to take the statins. |
1:15.4 | I went back, I did a little bit of reading. |
1:18.2 | I decided not to take the statins. |
1:20.9 | There were definitely side effects, definitely potential problems. |
1:26.7 | Frankly, the biggest issue that I didn't like was the sexual performance issue. |
1:33.2 | I was like, I really don't want to take these damn drugs if this is going to happen to me. |
1:39.4 | I decided against it. |
1:41.2 | Now, a lot of time has passed. |
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