Ep. 978: Luke Burgis Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
Michael Covel
4.6 • 732 Ratings
🗓️ 7 June 2021
⏱️ 54 minutes
🧾️ Download transcript
Summary
My guest today is Luke Burgis, the director of programs at the Ciocca Center for Principled Entrepreneurship at the Catholic University of America, where he also teaches business and develops new education initiatives.
The topic is his book Wanting: The Power of Mimetic Desire in Everyday Life.
In this episode of Trend Following Radio we discuss:
- Definition of Mimetic Desire
- Concept of Mimetic Desire
- What is Mimesis
- Mimetic Behavior
- Zero to One Book
- The Power of Mimetic Desire
- Understanding What We Really Want
- Everyone Has A Purpose
- Creating a Value
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. |
| 0:33.4 | I must say I had never heard the term memetic desire before today. |
| 0:39.6 | Well, before this interview. |
| 0:41.3 | Because the idea of why we want what we want, think about it, why do we want what we want, |
| 0:50.3 | that must come from somewhere. |
| 0:52.4 | What is driving us psychologically to want whatever? |
| 0:56.2 | We often don't want things independently. Our desire is memetic. We imitate what other people want. |
| 1:04.4 | It affects how we choose partners, friends, careers, clothes, vacations, wherever. It's responsible for the formation of our identity. |
| 1:14.3 | Now, the key is, how can you use this knowledge of ourselves and others to better navigate |
| 1:21.0 | the world for every advantage that we could possibly want? Because it is possible to be more in control of the things that we want |
| 1:30.2 | to get away from the trends and the bubbles. Now, don't get me wrong as a trend following guy, |
| 1:36.9 | I want to follow those trends, but not mindlessly with a plan. Nobody wants to be the back end of a bubble blowing up. That's no fun. So how can you |
| 1:48.3 | get a better handle on your desire and better take control of it hell to benefit your life |
| 1:55.4 | over the course of your life? My guest today, Luke Burgess, goes down that path. his new book, Wanting, The Power of Mimetic |
| 2:04.8 | Desire in Everyday Life. |
| 2:06.9 | I'm so, so lucky to do this podcast, so many smart people that spend their life researching |
| 2:13.5 | narrow niche topics that I can learn from, that you guys can learn from. That's what it's all |
| 2:20.7 | about. Learning something that we don't know, let us learn from somebody who spends all of their |
| 2:26.5 | time to master it to give us the crib notes because we don't have enough time in our lifetime |
... |
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