Ep. 71: The Lunatic Is On The Grass with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 19 October 2012
⏱️ 19 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue The Lunatic Is On The Grass 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
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| 0:00.0 | The Lunatic is on the grass |
| 0:07.0 | The Lunatic is on the grass |
| 0:11.0 | The Lunatic is on the grass |
| 0:16.0 | Remembering games And daisy chains and gloves got to keep the loonies on the path |
| 0:29.6 | you know what's so cool about that is that i love words like lunatic you guys think lunatic |
| 0:36.9 | describes a lot of a lot of the behavior of people |
| 0:40.8 | these days, whether you're just talking about life behavior or business behavior, social behavior, |
| 0:45.4 | political behavior, market behavior. Lunatic is a good word. So as I'm prepping for this podcast |
| 0:51.9 | and I knew this is somewhat where I wanted to go, |
| 0:54.5 | because ultimately I want to talk about trend following performance today. |
| 0:58.2 | I want to talk about a specific white paper called A Century of Evidence on Trend Following Investing |
| 1:04.0 | that tracks trend following performance back to 1903. |
| 1:09.1 | Wow, there's some viability there, apparently. But anyways, on the heels of Roger Waters |
| 1:14.8 | explaining how he composed his brilliant song brain damage. Talking about he was influenced, |
| 1:21.9 | inspired by watching these beautiful plats of grass that you were not allowed to walk on. |
| 1:28.2 | And so literally minutes before I was doing this podcast, I get emailed a video and I just |
| 1:33.8 | finished watching it from Seth Godin. |
| 1:36.1 | So I'm watching, it's about 20 minute video, Seth Godin talking about, I think the title |
| 1:40.9 | was called Stop Stealing Dreams about education. |
| 1:45.1 | I took a few notes really quick, and this will be somewhat my version and somewhat Seth's version. |
| 1:50.0 | So as you think about Roger Waters, as you think about his motivation for composing this brilliant song, brain damage, |
| 1:56.0 | Seth walks on stage, and he immediately tells the audience, good morning, boys and girls. |
... |
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