Ep. 855: David Marquet Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 3 April 2020
⏱️ 52 minutes
🧾️ Download transcript
Summary
My guest today is L. David Marquet (Captain, US Navy-Retired), a top graduate of the US Naval Academy, commanded the nuclear-powered, fast-attack submarine USS Santa Fe from 1999 to 2001. Since leaving the Navy, he has worked with businesses nationwide as a leadership consultant. He also teaches graduate-level leadership at Columbia University.
The topics are his books Leadership Is Language: The Hidden Power of What You Say–and What You Don't and Turn the Ship Around!: A True Story of Turning Followers into Leaders.
In this episode of Trend Following Radio we discuss:
- US Navy – Nuclear Submarine
- Leadership
- Empowerment
Jump in!
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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. |
| 0:33.5 | Here's another one of those great examples of what I never expect on this podcast. |
| 0:40.8 | The commander of a fast attack nuclear submarine in the U.S. Navy. |
| 0:47.9 | That would be David Marquette, who graduated top of his class at the U.S. Naval Academy, |
| 0:54.4 | works his way up the chain, |
| 0:56.9 | gets to that point where he takes command of a sub. |
| 1:02.3 | Except there was a problem. |
| 1:04.9 | This particular submarine was not performing. |
| 1:08.5 | And his leadership at the outset was not performing. He took evasive action. |
| 1:16.6 | He realized something had to change right now. And one of the key changes that he made involved |
| 1:26.6 | language. |
| 1:28.2 | He realized he learned leadership is language. |
| 1:34.4 | You got the wrong language. |
| 1:36.4 | No one's following you. |
| 1:38.8 | You can't get across and bring everybody with you to where everyone feels a sense of duty, accomplishment, |
| 1:48.2 | whatever you want to describe it, there's going to be failure. |
| 1:52.7 | And David figured out those lessons, the hidden power of what we say, what we don't say. And look, I feel so lucky to get this kind of advice, |
| 2:05.9 | these kinds of insights from a guy who was in a high pressure, high stress situation. |
| 2:13.0 | And think about it, how many meters below the surface of the ocean? Where he's learning all this, he's applying all this, |
... |
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