4.6 • 730 Ratings
🗓️ 9 December 2019
⏱️ 20 minutes
🧾️ Download transcript
Please enjoy my monologue You Are Supposed to Think Like the Mob 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. |
0:21.0 | I am your host, Michael Covel, not filtered, raw, honest. |
0:27.4 | That's my passion. |
0:33.4 | This podcast never ceases to take interesting turns. |
0:40.3 | People reach out all the time and pitch me guests. |
0:45.3 | Many of them, because I have a decent network these days, pitch very good guests. |
0:52.3 | My guest today was a very good guest. His episode will not go live for a little |
0:58.3 | while to coincide with his book release. Tom Galesano, the CEO founder of Paychecks, the payroll |
1:08.2 | processing company. Tom's done kind of good with the business. |
1:14.4 | He's made himself about $4 billion. |
1:18.0 | Pretty damn cool story. |
1:21.1 | A very plain spoken guy. |
1:24.3 | His book is very direct. |
1:26.7 | And it got me thinking today about society and its lack of thinking |
1:32.6 | a common theme on this podcast but here's another example of that lack of thinking that i'm |
1:39.3 | seeing all the time today you are supposed to like something. |
1:46.2 | You don't get a chance to choose. |
1:49.8 | If the group says it's good, you go along with it. |
1:54.7 | If the team that you're on says it's good, you go along with it. |
1:59.8 | This is modern life. People do not make decisions |
2:06.0 | or judgments for themselves. They don't trust themselves. They only trust the group. |
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