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Michael Covel's Trend Following

Ep. 967: Tom Basso Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 29 April 2021

⏱️ 50 minutes

🧾️ Download transcript

Summary

My guest today is Tom Basso. He bought his first mutual fund at 12 from funds received from delivering newspapers. From those early days, covering over 50+ years, Tom has extensively traded stocks, bonds, options, commodities/futures and FOREX. Tom's engineering background with a knowledge of math and computers helped him leverage his time and talents in managing portfolios over his 28 years career. Tom was one of several traders featured in Jack Schwager's The New Market Wizards and dubbed "Mr. Serenity" by Jack.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

  • The New Market Wizards – Mr. Serenity
  • Engineering Mindset
  • Trend Following Mindset
  • Covid-19 Data
  • Trend Trading
  • Euphoria and Depression
  • ETR – Enjoy the Ride
  • US Government
  • Media and Government

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.

0:24.0

Not filtered, raw, honest.

0:27.4

That's my passion.

0:33.5

I'm holding in my hands my fine new book.

0:37.4

Trend following mindset. The genius of legendary traitor Tom Bossow.

0:43.3

This book inspired by the many interviews with Tom on this show.

0:50.3

And as you might expect, if I'm going to have a new book about Tom, influenced by Tom,

0:56.8

inspired by Tom, including all kinds of work from Tom, well, you might expect Tom to be on

1:03.5

this show again. And today he is. Without any further delay. And if you're not aware of Tom, of course, check out the new book,

1:13.1

trend following mindset. But for starters, episode 400 on this podcast, episode 400 is not necessarily

1:21.2

a prerequisite for today, but it's a good starter. Without any further delay, let's jump right into my guest today, Tom Boso.

1:29.6

I got an email last night.

1:43.7

It says, hi, Mike.

1:44.6

That's great news that you have your new book with Tom translated into Thai language.

1:49.3

I'd get one for my girlfriend if she was into trading, but she isn't.

1:53.2

Here's the kicker.

1:54.2

You're going to smile when you hear this.

1:55.6

I've been wanting to ask you a question for a long time.

1:58.6

I wouldn't ask it on Facebook because I don't want to embarrass

2:01.6

anyone. I mean no disrespect to you, but I have a curious mind. After multiple appearances on

...

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