Ep. 871: Jeff Kreisler Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 29 May 2020
⏱️ 47 minutes
🧾️ Download transcript
Summary
My guest today is Jeff Kreisler, a typical Princeton educated lawyer turned award-winning comedian, best-selling author, international keynote speaker and champion for behavioral economics.
The topics are his books Dollars and Sense: How We Misthink Money and How to Spend Smarter and Get Rich Cheating: The Crooked Path to Easy Street.
In this episode of Trend Following Radio we discuss:
- Human Irrationality
- Hoarding Toilet Paper
- What is Money?
- Behavioral Science
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
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| 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. |
| 0:33.3 | A long time ago, 2014, I think, I wanted to branch this podcast out. The first year or two years, |
| 0:44.8 | I spoke only to traders, Wall Street people. One of the first people that I reached out to |
| 0:49.9 | to try and expand this podcast was the behavioral psychologist Dan Erroley at Duke. |
| 0:57.1 | I had to wait until his semester was over, but I did get him on. |
| 1:01.8 | And getting him on was one of the ways that helped me to get Daniel Connaman on. |
| 1:08.0 | And once I had Connaman on, everybody wanted to come on. Or maybe they didn't |
| 1:13.0 | want to come on because of Conman, but they were scared not to. My guest today connects back to Dan |
| 1:20.3 | Errol. Because Jeff Chrysler has a book that he has written with Dan called Dollars and Cents, |
| 1:26.5 | how we misthink money and how to spend smarter. |
| 1:30.9 | It doesn't make a difference who we are, what our age, our experience. We screw up our understanding |
| 1:39.6 | of money in our day-to-day life, non-stop 24 and 7. |
| 1:46.0 | And today with Jeff, we go down the dusty trail of the examples, the chit-chat, the back-and-forth, |
| 1:53.1 | to try and leave you guys, the audience, with something interesting and those takeaways |
| 1:59.8 | that can help you to save a little and make a little. |
| 2:04.1 | Because in this crazy time that we're living in right of stuff, but I did a little odd preparation today. I really wasn't preparation, but I was watching episode nine of Better Call Saul, literally right |
| 2:35.8 | before this episode. And I can't watch that show without thinking about Bob Odenkirk in the |
| 2:42.0 | classic Curb Your Enthusiasm episode, which I'm guessing you've probably seen. But anyways, |
| 2:47.4 | complete tangent. That was my preparation of getting on the horn with you today. |
... |
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