This is trend following radio where great thinking comes alive.

Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.

I am your host, Michael Covel, not filtered, raw, honest.

That's my passion.

For your listening pleasure today, the fifth edition of my book trend following, which is sold an abnormally high number of copies for the first, second, third, fourth, and fifth edition.

Starting in April 2004, I never could have expected, which at the time was a simple little book, would have

so much traction.

So today I'm reaching in to give you the first chapter of trend following, read by my fine

audiobook reader, Joel.

Because it's at these moments in time like right now,

where something like speculation, which has not changed since the dawn of humanity,

understanding and thinking about speculation, as people did back in 1874, for example,

in the theory of the stock exchange theory, yes, an actual book, or Young America on Wall Street,

circa 1857. Some great stuff in this first chapter. Sit back, take a listen. If you enjoy it, of course, I will

take your money if you buy the rest of the audiobook. But more importantly, think about this.

And then look out to the modern world today. Look at all the mania.

Look at all the screaming.

Look at all the yelling.

Look at all the get rich quick stuff.

And realize we monkeys don't change.

We the fucking same as we have always been.

There ain't no difference. We the fucking same as we have always been. There ain't no difference.

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