4.6 • 730 Ratings
🗓️ 8 July 2019
⏱️ 23 minutes
🧾️ Download transcript
Please enjoy my monologue Feynman Teaches Us All 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 | 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. |
0:33.3 | I like to get controversial. |
0:36.0 | I want to cause people to feel a little bit something inside. |
0:43.3 | Some people are going to agree. Some are going to disagree. |
0:48.3 | But there's a method to my madness. I try to stay true to a scientific method thinking. I have my biases like everyone else, |
1:01.7 | but I try for just a touch of being objective. Why would you listen if I was just some hack, |
1:14.0 | ranting and raving without some foundation? |
1:22.0 | I have many friends on the right. I have many friends on the left, so to speak, conservative and liberal. |
1:33.3 | But nonetheless, I try, try my damn level-headed best to stay in some form and all of my inquiry and all of my discussion, my research, my writing, to stay in line with the scientific |
1:40.4 | method. |
1:41.8 | And let's be frank, at least 50% of the world does not. They have no desire |
1:49.5 | to apply any kind of scientific reasoning. They are emotion, times emotion, times emotion. |
1:58.0 | That's it. They literally have no ability to be rational, to be logical, |
2:04.9 | to think through, to deduce, to gather facts, to be proven wrong. They don't have that ability. |
2:13.1 | Now, maybe I can sway a few of them to my perspective, but doubtful. |
2:18.5 | Because the reality is when most people are faced with information that shows their prior |
2:24.2 | held beliefs are incorrect, they don't come over to the new correct views. |
2:30.8 | They double down and go in the wrong direction even more. That's life. |
2:37.3 | But today, before I go into my example, I want to play a clip from a famous physicist, one |
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