Ep. 963: The Barrier to Trend Following with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 16 April 2021
⏱️ 19 minutes
🧾️ Download transcript
Summary
Please enjoy my monologue The Barrier to Trend Following 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!
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 | I'm going to cover a bunch of territory today. |
| 0:36.8 | First, I want to lead with a quote. |
| 0:39.2 | The educational flippening is coming. Soon, spending four years and hundreds of thousands of dollars at a woke American madrasa won't signal intelligence or employability. |
| 0:56.2 | Quite the opposite, end quote. |
| 1:00.9 | From one, balaji, that's at balagis.com. |
| 1:04.3 | A very fine Indian thinker. |
| 1:06.4 | Very wise. |
| 1:14.7 | But I love that because it sets up where I want to go today. It's about thinking. It's not about conforming. It's not about following the pack or following the leader or being woke. And let's |
| 1:22.5 | face it, an army of people are now woke. I'm seeing it on this podcast. Guests come on and they're reading |
| 1:30.8 | talking points to me. Now look, that's fine. Read the talking points to me. It's all open for debate. |
| 1:40.2 | For example, climate change. Apparently, in academic institutions, it's accepted as feta complete. |
| 1:50.3 | It's a done deal. |
| 1:51.5 | There is one way to think about it. |
| 1:53.6 | I don't like pollution. |
| 1:55.4 | I don't want coal-fire power plants blowing shit into the air. |
| 2:00.4 | That's not my cup of tea. |
| 2:02.6 | But I can also flip on YouTube and go back and watch a little bit of Earth history |
| 2:07.6 | and find out that there was something called Pangaea. |
... |
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