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Michael Covel's Trend Following

Ep. 854: A Plan for an Uncertain World with Michael Covel on Trend Following

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 30 March 2020

⏱️ 16 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue A Plan for an Uncertain World with Michael Covel on Trend Following. 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 Coval.

0:24.0

Not filtered, raw, honest.

0:27.4

That's my passion.

0:33.6

What a time.

0:36.1

I've not done a true monologue in some time because frankly things are moving so

0:41.4

damn quick and I like to get these things edited a little. It's just been better to sit back

0:49.0

and let things stew for a little bit. But here I am on March 27th recording this, surveying the landscape.

0:59.3

And I think back to a time. I think back to March 2009. March 2009, I was editing, along with a very

1:09.7

large team, a documentary. And March 2009 was the last

1:15.4

edit of my film broke the New American Dream. That was the last edit. Kind of funny, huh? Doing a film

1:25.3

about the financial crisis. And the bottom was March 2009, my last edit for my film.

1:34.5

Now, I went back the other day and I looked at some aspects of it. I mean, I know what the film is exactly.

1:42.0

It was part of my life for three years. But I looked at some of the lines

1:46.3

and it was designed this way. It's timeless. It's an absolute timeless message. Go check out

1:56.3

my Twitter feed at Covel. Look at that excerpt right there. That could have been made last week.

2:05.3

But with a trend following perspective, hell, is it such a surprise? No, not really. And when I think back to

2:12.0

that time, March 2009, the bailouts, the regulatory changes, whatever other governmental and banking changes that were made.

2:23.2

What we now know as the big short period, I mean, the film defined it all, we all know how the

2:31.2

hell the dot com bubble happened.

2:33.7

We know how the big short happened.

...

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