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Michael Covel's Trend Following

Ep. 979: Amplify the Fiction and Hide the Truth with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Business, Investing

4.6732 Ratings

🗓️ 11 June 2021

⏱️ 18 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Amplify the Fiction and Hide the Truth 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.

0:33.4

A bunch of disparate thoughts on my mind today.

0:37.6

At least to you, they might seem disparate.

0:40.6

They might seem like they're not connected.

0:43.0

My objective in this podcast is to try to connect them, or at least to let you see the thread.

0:50.4

Because you see, for me, it's about the data.

0:53.7

The data is reality.

0:56.2

The narrative is the narrative.

0:58.8

And there's a lot of people out there on a lot of platforms pushing a lot of narratives.

1:04.4

There's often not any basis for those narratives.

1:09.3

But they push them nonetheless because they want power.

1:12.4

It's all about power, power or money, or both.

1:16.3

Let me jump right into the deep end with a controversial example.

1:20.2

Some people will immediately get itchy.

1:23.2

But the problem is if you're one of those people that immediately gets itchy,

1:26.4

the data is on my side.

1:28.6

And it's only going to take you a two-second Google search or a two-second Twitter search to find out that what I'm saying is accurate.

1:35.8

Just about a year ago, Orange Man Bad, otherwise known as Donald Trump, was touting a cure or a symptom reliever or some type of therapy for COVID called hydroxychloroquine.

1:48.5

He talked about it a lot. I mean, a whole ton. I always assumed as a casual observer that Trump

...

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