Ep. 788: What We have Here Is a Thinking Problem with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 12 August 2019

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Please enjoy my monologue What We have Here Is a Thinking Problem 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

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	I try not to look at too much news.
0:37.0	It's just insanity these days. Literal insanity.
0:44.4	People are losing their minds or they've already lost their mind. Today I want to talk about
0:52.1	four issues and I want to connect them to a solution.
0:57.4	These four issues are not really related, at least on the surface.
1:02.7	Let's see what you think after I address them.
1:07.0	First, let me start with LeBron James agent, Rich Paul.
1:11.6	I know very little about Rich Paul.
1:13.3	I know he's a longtime friend of LeBron James,
1:16.0	who is now one of the most powerful sports agents in the NBA.
1:20.0	This guy, Rich Paul, is.
1:22.7	And guess what?
1:23.3	The NCAA, they don't like Rich Paul because Rich Paul doesn't like them.
1:28.6	There's all these crazy rules in the NCAA.
1:32.0	And now one of the rules says that an agent, this guy, Rich Paul, must have a college degree to talk to underclassmen, those kids that might be testing the water for the NBA draft.
1:45.5	Here's Rich Paul, one of the most successful agents ever, representing the biggest players in the
1:52.0	NBA. And now the NCAA, a bunch of morons generally, the NCAA is now saying that to be Rich Paul, you need to have a college degree.
2:06.5	What?
	...

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