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Michael Covel's Trend Following

Ep. 755: Rich Karlgaard Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 19 April 2019

⏱️ 67 minutes

🧾️ Download transcript

Summary

My guest today is Rich Karlgaard, a journalist, entrepreneur, and speaker. He has been with Forbes for 27 years and became publisher of Forbes magazine in 1998. Rich has written three books, “Life 2.0: How People Across America Are Transforming Their Lives by Finding the Where of Their Happiness,” and “The Soft Edge: Where Great Companies Find Lasting Success.” His latest book is “Late Bloomers: The Power of Patience in a World Obsessed with Early Achievement.”

The topic is his book Late Bloomers: The Power of Patience in a World Obsessed with Early Achievement.

In this episode of Trend Following Radio we discuss:

  • Late bloomers
  • Kylie Jenner
  • SAT scores
  • Importance of high IQ
  • Sports Illustrated
  • Passion vs. Mission
  • Gap years
  • West coast offense and Bill Walsh
  • Mike Milken

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!

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, not filtered, raw, honest.

0:27.4

That's my passion.

0:33.4

Now, this is an author who has a great idea at the right time.

0:40.1

My guest today is Rich Carlgard, American journalist, best-selling author.

0:45.1

He has been the publisher of Forbes magazine since 1998.

0:49.3

We talk about it a little at the end of this interview.

0:53.1

But boy, I am so envious of all the people

0:58.3

that Rich has had a chance to interview in his career. Wow, what a list. His book, the book that I so

1:05.4

highly recommend for the absolute motivation of it and the insight, late bloomers, the power of patience

1:14.1

in a world obsessed with early achievement.

1:18.7

Tell me that's not timely.

1:21.3

Now this is no piece where Rich is going ahead and saying, oh, I hate all these young guys

1:27.1

that have made a billion bucks by age 25.

1:29.7

In no way, shape, or form is that his work.

1:33.9

But what his work is, an eye-opening perspective

1:38.5

that myself, you, your friends, your family, everyone should understand.

1:46.0

I hope you enjoy this conversation with Rich Carlgard.

2:00.5

I'm thinking today in advance of this chat. I'm like, man, my life is over. I can't, I can't get

2:07.8

anywhere. As a 50 year old guy, I'm done. Kylie Jenner is the youngest billionaire in the world.

2:13.1

She's 21 years of age. We're all finished. We're never, I mean, look, the reality is it a percentage

...

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