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.

Jul 29, 2013

Michael Covel talks about conversations he has had in the past 24 hours. Someone posted an equity curve of Bill Dunn against the S&P, and the criticism of the drawdowns began. They never talk about the S&P going down 50% twice in the past 13 years; they never talk about the NASDAQ going down 77%; they never talk about the NIKKEI going down 77%. It's always "trend followers have drawdowns". It's like a broken record. It's a surefire sign if someone starts telling you that they are either trying to push an agenda or they have no idea what they're talking about. Trend following is the meat and potatoes. Don't just trust Covel: look at the data. Next, Covel talks about advising people in their 20s against buying real estate. Many, many areas of real estate in the US that are underwater: are all of these people simpletons, dummies? Or did they get caught up in the greed and the fear of a bubble, and a black swan hit? Covel goes on to talk about black swans, zero interest rate policy, and bubbles (and why there is a way around it all). Next, Covel talks about nurture vs. nature. Of course, when he talks about nurture vs. nature, the Turtle story must be brought up. Covel plays two excerpts: one from NPR's Planet Money and another called "Enroll Yourself In The Genius Factory", which gets at the idea of how people develop talent. Covel discusses the peers of Richard Dennis; emotional intelligence; and trend following in the context of nurture vs. nature. Want a free trend following DVD: trendfollowing.com/win.

0 Comments
Adding comments is not available at this time.