Preview Mode Links will not work in preview mode

Bestselling author Michael Covel is the host of Trend Following Radio with 9.5+ million listens. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trading -- all passionately explored and debated. Guests include Nobel Prize winners: Robert Aumann, Angus Deaton, Daniel Kahneman, Oliver Hart, Harry Markowitz & Vernon Smith. More guests: Jack Canfield, Howard Marks, 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.

Praise:

“Your questions were excellent questions. I enjoyed this very much.”

--Vernon Smith, Nobel Prize in Economics

“You’ve surrounded yourself with one of the most advanced group of mentors possible…The people on your podcasts, and people in your life, all are people with strong opinions, all people that make you think and make you grow. You just have some kind of an affinity for people like that, and that’s part of what makes you good at what you do.”

--Ed Seykota

“Michael Covel’s podcast has had over [9.5] million listeners and he’s completed [900+] episodes. He’s probably the most established podcaster on this list—and it shows. Mr. Covel’s podcast is great for those looking for alternative views on the market, those who are tired of hearing the same old stories told on CBNC and other traditional outlets. This is highly recommended if you are looking to expand your mind in investing. Mr. Covel has had some incredible guests, to include multiple Nobel Prize winners and world-famous investors. One of my favorite episodes was when Mr. Covel interviewed Annie Duke, a former professional poker player who has some incredible insights on decision making. Mr. Covel always has me thinking and Annie Duke only amplified my brain-wave activity.”

--Wall Street Journal

Jun 2, 2017

Daniel DiPiazza is founder of the blog and podcast Rich20Something, which is also the title of his first book, “Rich20Something: Ditch Your Average Job, Start an Epic Business, and Score the Life You Want.” How did Daniel understand in his 20’s that he needed to make a big move to set himself up for life? He knew he needed something else. He wanted more than others were able to give him so he decided to start off on his own. His brand sprung up out of frustration.

Michael and Daniel spend time talking about the disadvantages of college. College can be one of the quickest ways to set yourself back a few years and get into massive debt. They seem more like zoo’s these days than places of education. Most kids think at the end of their school career, from kindergarden through college, there is going to be some big prize at the end. Usually there is massive debt and an entry level job waiting for you. Time spent in school should be about actual life skills, like how to manage money, rather than long hand algebra that most will never use. School has turned into a huge business that is more predatory rather than innocent.

Michael and Daniel finish the podcast breaking apart social media. When you compare technology and distractions in terms of pre and post internet, social media can be seen as a huge distraction. If you embrace social media as a different way to talk, engage, and communicate then it is easier to see it as a tool rather than a hindrance.

In this episode of Trend Following Radio:

  • Compounding money early in life
  • Rogue memorization
  • Non-linear networking
  • Getting a side hustle
  • Distraction
  • Ruthless prioritization
  • Social media