Info

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.
RSS Feed Subscribe in Apple Podcasts
2018
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December
November
October
September
August
July
June
May
April
March
February
January


2014
December
November
October
September
August
July
June
May
April
March
February
January


2013
December
November
October
September
August
July
June
May
April
March
February
January


2012
December
November
October
September
August
July
June
May
April
March
February
January


Categories

All Episodes
Archives
Categories
Now displaying: Page 1

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.

Apr 11, 2016

Today on Trend Following Radio Michael Covel talks about personal responsibility. Michael brings in basketball references from the Boston Celtics and their head coach Brad Stevens. He goes into the accomplishments of Stevens as a coach and as a quant. Stevens coaching is all about numbers and probabilities.

Michael plays a clip from Chris Mannix of the Vertical Podcast with Brad Stevens. Stevens explains how he uses statistical analysis in his coaching and how the “best of the best” like to be coached. Most don’t care about a numbers to numbers speech but everybody wants to know how they can best play and attack situations. Michael circles the conversation back to trading markets and trading on the numbers. Mannix then asks Stevens if coaching is just coaching being on an NBA sideline as opposed to other sidelines? He says that the longer he has been a coach the more he has been able to take emotion out of the game and it has become a job. By the time a game nears the end he isn’t even thinking of the game, he is thinking of the next practice, and how he can make the team better.

Michael ends with reading interview questions that were asked to Stevens; “Is your calm demeanor a part of your coaching philosophy?” He says that his philosophy is doing 99% percent of the work behind the scenes and hopefully that is enough to prepare him for the next game. He is always thinking about the next play, therefore you will not see him doing cartwheels on the sidelines very often. Stevens is also asked, “How is the style of play at the professional level evolving?” He says the game use to be about height and weight as opposed to skill. The game is now being flipped around.

In this episode of Trend Following Radio:

  • Process vs. outcome
  • Sports and trading analogies
  • Statistical thinking
1 Comments
  • two and a half years ago
    Marv Baskin
    Experts(Listen to/read)=knowledge=success!
Adding comments is not available at this time.