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Michael Covel's Trend Following

Ep. 852: Thomas Wedell Wedellsborg Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 23 March 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

My guest today is Thomas Wedell-Wedellsborg, a globally recognized expert on innovation and problem-solving. He has shared and refined his reframing method with clients like Cisco, Microsoft, Citigroup, Time Warner, AbbVie, Caterpillar, Amgen, Prudential, Union Pacific, Credit Suisse, Deloitte, the Wall Street Journal, and the United Nations.

The topic is his book What's Your Problem?: To Solve Your Toughest Problems, Change the Problems You Solve.

In this episode of Trend Following Radio we discuss:

  • howtoreframe.com
  • Reframing
  • Innovation Store
  • Problem Solving
  • Feedback
  • Solutions
  • Practicing

Jump in!

---

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.

0:33.5

So here's the big picture question.

0:36.0

What's your problem?

0:39.9

Because if you're going to solve your toughest problems, often the trick, the secret, change the problems that you solve. Sounds simple,

0:49.5

sounds easy. We all screw it up big time. I guess today, Thomas Wettel-Wittersborg digs into this

0:57.1

very issue. In fact, what's your problem is the title of his new book? Think about it. Are you

1:04.1

solving the right problems? Am I solving the right problems? Do you work hard on something to find out?

1:12.5

Eh, you focused on the wrong problem entirely? Do you spend your time on low-impact work? Yeah, we all mess up. We all do

1:19.8

this. We all do it probably way too much. I always enjoy one of these conversations

1:25.9

that makes me think, that wakes me up, that smacks me

1:29.9

upside the head and forces me to look at my life, my business, et cetera, in a new way.

1:39.6

It's a matter of framing, reframing, and taking action to move forward.

1:46.5

Without any further delay, let's jump right into my conversation today with Tomas Wettel-Wettlesburg.

2:06.7

There's a little bit of a problem that I see right now in the world.

2:11.4

I wonder if we are framing this problem correctly.

2:15.3

And the problem is something called coronavirus.

2:19.3

I'm not even sure what the problem is exactly, which might be a great place to start and to let you to dive in. Look, we can use this hour to kind of pick this apart

2:24.7

and use a lot of your research and your work and your understandings to try and get people to see

2:28.7

this differently. But your work, your book made me think about this issue. I'm like, gosh,

...

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