4.6 • 730 Ratings
🗓️ 8 October 2018
⏱️ 57 minutes
🧾️ Download transcript
My guest today is Tom Basso. Now retired from managing client money, Tom was president and founder of Trendstat Capital Management. He became a registered investment advisor in 1980, a registered commodities advisor in 1984, and was elected to the board of the National Futures Association in 1998. He has had 28 years of experience managing money and over 40 years of managing his own money. With all that knowledge, his new website addresses what he feels new and old traders alike struggle with. All content on his website will be free aside from his personal training videos and a narrated version of his book “Panic-Proof Investing.”
The topic is Trend Following.
In this episode of Trend Following Radio we discuss:
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!
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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. |
0:21.0 | I am your host, Michael Coval. |
0:24.0 | Not filtered, raw, honest. |
0:27.4 | That's my passion. |
0:33.1 | On a lark, January 2012, this podcast started, my trend following podcast. |
0:43.7 | Now in 2018, 700 episodes. |
0:51.1 | This episode right now that you're listening to is episode number 700. And to kind of keep my |
0:57.9 | chain of loyalty in place today on episode 700, for the first time and a long time, a new episode, |
1:09.1 | the traitor, Tom Basso. |
1:11.4 | Now, for those of you that are not familiar with Tom, you can easily find him featured across Jack Schwager's Market Wizards series, some of the best-selling Wall Street books ever. |
1:23.9 | You can also find Tom across my podcast, especially my first mega episode number 400, |
1:33.8 | which is literally four hours of prior Tom episodes on this podcast. |
1:40.1 | So as I was thinking about who I should have on for episode 700, I needed to reach back and give |
1:47.4 | props to somebody who helped me to lay the foundation for this podcast popularity. |
1:53.7 | And Tom has helped me tremendously with his appearances. |
1:57.5 | I'm not going to give away anything right now about where Tom and I will go in our conversation, |
2:01.8 | but I want to give one little PSA for Tom out of the gate. Now Tom is a retired trader, |
2:08.7 | but in this weird, connected social media world, he's kind of not retired now because he's |
2:17.4 | continued to connect with people over the years. |
2:20.6 | And now for the first time since he had his fund, he has launched a new website to specifically |
2:27.8 | interact with people like you and me. And we should all be so fortunate for Tom's efforts. Without further delay, |
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