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Trend Following with Michael Covel

Bestselling author Michael Covel is the host of Trend Following Radio with 7+ million listens. Investments, economics, decision-making, human behavior & entrepreneurship--all passionately explored. Guests include Nobel Prize winners Robert Aumann, Angus Deaton, Daniel Kahneman, Harry Markowitz & Vernon Smith. Also: James Altucher, Dan Ariely, Jean-Philippe Bouchaud, Kathleen Eisenhardt, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Tucker Max, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams. All 600+ eps at www.trendfollowing.com/podcast.
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Bestselling author Michael Covel is the host of Trend Following Radio with 7+ million listens. Investments, economics, decision-making, human behavior & entrepreneurship--all passionately explored. Guests include Nobel Prize winners Robert Aumann, Angus Deaton, Daniel Kahneman, Harry Markowitz & Vernon Smith. Also: James Altucher, Dan Ariely, Jean-Philippe Bouchaud, Kathleen Eisenhardt, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Tucker Max, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams. All 600+ eps at trendfollowingradio.com/rss.

Oct 1, 2013

Michael Covel recently interviewed Peter Borish, who has an unparalleled background in charity. He helps run his charity like a business; there has to be results. Because if you don't run it like a business, there is often waste. Building on that idea Covel's perspective is that Government does the opposite. Covel moves on and discusses wealth inequality between the 1% and the 99%--a favorite societal debate today. For example, the Wal-Mart heirs have the same wealth as the bottom 30-40% of America's entire population. Covel thinks that when it comes to the inequality debate, however, that the government is ultimately responsible for inequality. They're pimping out the American people to large operations, whether that's banks, insurance companies, pharmaceutical companies, and or fast food companies. Covel gets into specifics about this "pimping" behavior discussing how else the government creates inequality and discusses mandated healthcare. In the midst of all this chaos, there are trends--big ones. Covel notes that one of those trends is Singapore, and how it appears to be Ayn Rand's "Galt's Gulch". Average as a state of mind--is the poison to eliminate. Who wants to be average? You have to figure out a way to make yourself valuable--above average. Covel explores it all with attitude and tough questions. Free trend following DVD: trendfollowing.com/win.

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