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Michael Covel's Trend Following

Ep. 696: The Data Always Beats the Doctor with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 24 September 2018

⏱️ 18 minutes

🧾️ Download transcript

Summary

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!

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.

0:33.3

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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