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Michael Covel's Trend Following

Ep. 79: It Was A Very Good Year with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 12 November 2012

⏱️ 25 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue It Was A Very Good Year 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.

0:12.2

Nobel Prize winners, legendary traders, best-selling authors, and the pros that know what drive us irrational human beings.

0:22.4

I am your host, Michael Covell, not filtered, raw, honest.

0:28.7

That's my passion.

0:35.4

You know, I don't put that classic Frank Sinatra song at the beginning of this podcast

0:41.0

because I'm necessarily in some terribly reflective mood or am trying to make a kind of a look-back

0:49.7

point because if you listen to that song, it was a very good year. It's kind of his reflective

0:54.4

walk through life. But it got me thinking, because if you, and this is the only comment I think

1:00.2

I've made during the election season, but if you look at how people have been viewing this election,

1:07.2

the American election that is, putting all their hopes and desires and dreams in the election of one man.

1:13.6

And then the country is evenly divided down the middle.

1:18.0

You know, what's more useful as a human being?

1:20.8

Is it more useful to get all geared up about that?

1:23.8

Or is it more interesting to listen to the Frank Sinatra song, which is kind of this nice walk-through life,

1:30.5

kind of a pleasant, easy-going way?

1:34.7

Well, of course the pleasant, easy-going way.

1:37.6

Of course the pleasant, easy-going way is better.

1:41.4

It's just, it's basics 101. So, you know, I made a comment on Facebook this morning.

1:48.3

I said to my conservative friends, if you continue to put forward candidates that simply want to be in

1:55.4

people's bedrooms, you're going to lose elections. And I said to my liberal friends, if you believe economic freedom will come from the government,

2:04.6

you will never have economic freedom.

2:07.8

Two very different thoughts that apply to two very different political ideologies.

...

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