4.6 • 730 Ratings
🗓️ 21 April 2019
⏱️ 20 minutes
🧾️ Download transcript
Please enjoy my monologue Taking the Damn Loss 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 | Something a little different today? |
0:02.5 | That opening music you expect to hear, |
0:05.8 | inspired from the Pixies, the band The Pixies? |
0:09.6 | Not today. |
0:11.6 | Bear with me for a second. |
0:13.4 | I want to play one of my favorite spoken word clips. |
0:17.3 | What do you desire? |
0:19.0 | What makes you itch? |
0:27.6 | What sort of a situation would you like? Let's suppose I do this often in vocational guidance of students. They come to me and say, |
0:33.6 | well, we're getting out of college and we have the faintest idea what we want to do |
0:40.6 | so i always asked the question what would you like to do if money were no object what how would you |
0:48.3 | really enjoy spending your life well it's so amazing as a result of our kind of educational system, crowds of students |
0:56.6 | say, well, we'd like to be painters, we'd like to be poets, we'd like to be writers, but as |
1:01.3 | everybody knows, you can't earn any money that way. Or another person says, well, I'd like |
1:05.5 | to live an out-of-doors life and ride horses. I said, do you want to teach in a riding school? |
1:13.6 | Let's go through with it. What do you want to do? When we finally got down to something which the individual says he really wants to do, |
1:19.6 | I will say to him, you do that. And forget the money. Because if you say that getting the money is the most important thing, |
1:33.3 | you will spend your life completely wasting your time. |
1:37.8 | You'll be doing things you don't like doing. |
1:40.1 | In order to go on living, that is to go on doing things you don't like doing. |
1:43.9 | Which is stupid. |
1:46.0 | Better to have a short life that is full of what you like doing |
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