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Rank #176 in Investing category

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Trend Following with Michael Covel

Updated about 10 hours ago

Rank #176 in Investing category

Business
Investing
Science
Social Sciences
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Bestselling author Michael Covel is the host of Trend Following Radio with 8+ 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 800+ eps at www.trendfollowing.com/podcast..

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Bestselling author Michael Covel is the host of Trend Following Radio with 8+ 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 800+ eps at www.trendfollowing.com/podcast..

iTunes Ratings

548 Ratings
Average Ratings
461
35
17
10
25

Excellent podcast. Feel a bit smarter after listening.

By sabhen119 - Sep 18 2019
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Love the quality of the guests.

Outstanding

By CroLun - Feb 17 2019
Read more
Quality of the major contribution work Michael does is outstanding.

iTunes Ratings

548 Ratings
Average Ratings
461
35
17
10
25

Excellent podcast. Feel a bit smarter after listening.

By sabhen119 - Sep 18 2019
Read more
Love the quality of the guests.

Outstanding

By CroLun - Feb 17 2019
Read more
Quality of the major contribution work Michael does is outstanding.
Cover image of Trend Following with Michael Covel

Trend Following with Michael Covel

Latest release on Feb 17, 2020

The Best Episodes Ranked Using User Listens

Updated by OwlTail about 10 hours ago

Rank #1: Ep. 620: 2018 Will Be Great with Michael Covel on Trend Following Radio

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Happy new year and please enjoy my all day 11-hour compilation covering 3 of my favorite guests. A timeless reminder to start 2018 the right way! And if you don't want to listen all the way through then enjoy my opening intro rant!

Dec 31 2017

11hr 40mins

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Rank #2: Ep. 464: The Next Brexit with Michael Covel on Trend Following Radio

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Everyone was told to trust the system and be happy: “Save your money and interest income will be your retirement.” This has come to be completely untrue and people are collectively beginning to wise up, as seen in Brexit. Michael goes into a timeline of market crashes illustrating trend following success: 1973-1974 stocks go down 50% and trend following kills it. 1987, known as Black Market Monday, US stocks go down 20%+ in a day and trend following kills it. Barings Bank collapses spring of 1995, trend following kills it. August 1998, Long Term Capital Management craters, and trend following made a fortune. It was almost a zero sum transfer from LTCM to trend followers in August of 1998. Spring of 2000, the dot com bubble bursts and trend following cleans up again. 2002 was one of the best trend following performance years ever. After 2002 another bubble is built and when it burst in October of 2008, trend following had outstanding performance results yet again. When the majority of people think the world is ending, trend following is reaping the profits. Brexit? Yes, too. Nobody can predict the future but if you want to play the game, you have to place bets. Trend followers were in established trends once Brexit hit. They do not predict, but they have educated bets. Michael ends with one question, “What side are you going to be on? The side of the winners or the side of the losers?” It’s your choice.

In this episode of Trend Following Radio:

  • Boom and busts
  • Brexit
  • Certainty in markets

Jul 04 2016

24mins

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Rank #3: Ep. 758: The Foundation of Good Trading with Michael Covel on Trend Following Radio

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The Foundation of Good Trading with Michael Covel on Trend Following Radio.

Apr 29 2019

3hr 49mins

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Rank #4: Ep. 563: Mark Minervini Interview #2 with Michael Covel on Trend Following Radio

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Mark Minervini is author of “Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market” and now his newest book, “Think and Trade Like a Champion: The Secrets, Rules and Blunt Truths of a Stock Market Wizard.” He was also featured in Jack Schwager’s “Stock Market Wizards.” This is Mark’s second appearance on the show. Nature vs. nurture or the debate of whether a person is “naturally gifted” is one of the oldest debates out there. Mark says he was an “unnatural” when it came to trading and he was actually in the negative for the first six years when he started. Why did he keep going? He had a passion for trading and a bigger vision of what he was doing. Mark knew he had all the tools to trade for profit, just not all the experience yet. He believed in what he was doing, had a passion for it, took responsibility for his flaws and put the process before the results–that is why Mark thinks he has been able to thrive over the years. “If you do not think you can perform at a certain level, you won’t be able to perform at that level” explains Mark. Trading ultimately doesn’t come down to talent, it comes down to a trader’s correct mentality. Everyone wants to win, but everyone doesn’t choose to win. Is your passion your priority? Sacrifice is essential when trying to obtain anything worthy and Mark shares some of the personal sacrifices he made to become who he is today. Next, Mark explains what is known as “the trading triangle.” Your average gain, average loss, and percentage of wins is what is known as the trading triangle. Averaging those components makes up your personal bell curve. When Mark does workshops only 8-12% of people attending have an idea of what their average gains and losses are. Michael and Mark end the podcast going over the pros and cons of diversification. Diversification is great until it turns into what Mark calls “di-worsification.” When traders and companies start to veer too far from their core values they can start to hurt themselves with diversifying. There are many benefits from diversification when done in the correct way. Good traders know when to step on the gas and have a strategy backing them up.

In this episode of Trend Following Radio:

  • Process vs. outcome
  • Builder vs. wrecking ball mentality
  • Eliminating excuses
  • Neuro-linguistic programing
  • Sacrifice when obtaining a goal
  • Risk of ruin
  • The trading triangle
  • Diversification vs. Di-worsification
  • Sophistication and simplicity

Jun 16 2017

41mins

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Rank #5: Ep. 544: Serenity with Michael Covel on Trend Following Radio

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To celebrate my upcoming fifth edition of Trend Following (April 24, 2017)…my mega episode with Tom Basso is here again by popular demand. If you want to know the right way to think, Tom brings it. Michael plays all of Tom’s interviews back to back and throws in a bonus interview at the beginning. The bonus excerpt is a Tom Basso presentation from the early to mid 1990s. Tom is most famously known as “Mr. Serenity” in Jack Schwager’s “The New Market Wizards”. Now retired from managing client money, Tom was president and founder of Trendstat Capital Management. He became a registered investment advisor in 1980, a registered commodities advisor in 1984, and was elected to the board of the National Futures Association in 1998. Throughout this 4 1/2 hour podcast Michael and Tom cover a broad range of topics including: Tom’s background and how he got into trading, speculation, emotional rushes, emotional devastation, catastrophic events, separating trading from politics, behavioral economics, advice to newcomers entering the CTA industry, location independence, time management, stoicism, black swans, and the importance of routine. Michael and Tom also go through listener questions spanning topics including: trading regrets, money management vs. trading, tinkering with current systems, drawdowns, one-system vs. multiple systems, thoughts on Alan Watts, emotions during both losing and winning periods, exit strategies, practice trading vs. live trading, money management, risk control, how to handle skeptics, serenity, John W. Henry, coin flip entry method, percent betting, comfort with uncertainty, initial capital at risk vs. unrealized gains, and fighting against your gut reaction. This podcast includes a wealth of knowledge worth listening to over and over again.

In this episode of Trend Following Radio:

  • Speculation
  • Fighting against emotions
  • Catastrophic events
  • Separating trading from politics
  • Advice to newcomers entering the CTA industry
  • Time Management
  • The importance of routine
  • Money management vs. Trading

Apr 10 2017

4hr 31mins

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Rank #6: Ep. 688: Bob Enck Interview with Michael Covel on Trend Following Radio

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Bob Enck is the CEO of Equinox Funds and has overseen all operations at the fund since March of 2007. Prior to joining Equinox Funds, Bob worked for about 20 years with large, highly regulated health care organizations including Bristol-Myers Squibb as well as with more entrepreneurial venture capital funded organizations.

When was Bob exposed to trend following for the first time? What was his a-ha moment? While he was doing merger and acquisition work, a couple of his friends consistently would ask him to look over literature from their firm to get input. His first exposure to trend following came from that research. The concept of trend following clicked with him and “just made sense.” His real light bulb moment was realizing that Equinox funds could make money in up and down markets. His friends soon asked him to join their company as CEO.

What is so unique about Equinox Funds? They have paved the way in researching and developing alternative investment strategies for clients through unique investment vehicles. They created the first multi-strategy managed futures mutual fund–the Frontier Fund. In a field where many companies tend to become complacent and set in their ways, Equinox brings innovation and creative thinking to the market. Bob and Michael explore the full range of issues across the alternative space.

In this episode of Trend Following Radio:

Trend following in up and down markets Drawdowns Trend following performance Discretion WTF Forecasting

Aug 27 2018

45mins

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Rank #7: Ep. 551: Jack Schwager with Michael Covel on Trend Following Radio

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Jack Schwager is author of the Market Wizards series and just completed his second edition of A Complete Guide to the Futures Markets: Fundamental Analysis, Technical Analysis, Trading, Spreads, and Options. Jack has gone into great detail updating his 1984 original edition with over 600 pages of educational insights. At the beginning of his trading career technical analysis never made much sense. However, as he worked in markets over the years, he came to see that those who used charts and technical analysis tended to make more money. He also saw that fundamental analysis almost goes against the idea of money management. He found that the same went for risk management: How does risk management work with a truly fundamental perspective? It doesn’t for most. The basics of futures trading for most is fuzzy. Jack gives a short summation of the basics: 1. Futures are very liquid. 2. They trade for every type of instrument you could think of. 3. You can go short or long just as easy. 4. Futures are truly a zero sum game. 5. They are real markets and have real fundamentals pushing trends. 6. Basic trends do have some sort of rational behind them in futures markets and the skilled fundamental players will beat the unskilled players if they are good at assessing probabilities. Michael and Jack finish talking about trading as an art vs. science, whipsaws, failure to exploit major trends, drawdowns and the efficient market hypothesis.

In this episode of Trend Following Radio:

  • Fundamentals vs. Technical analysis
  • Risk management
  • Contrarian view on fundamentals
  • Charting
  • Science vs. art in trading
  • Whipsaws
  • Exploiting trends
  • Sharpe ratio
  • Efficient market hypothesis

May 05 2017

1hr 7mins

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Rank #8: Ep. 712: Bradley Hope Interview with Michael Covel on Trend Following Radio

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Bradley Hope is a finance and malfeasance reporter for the Wall Street Journal and his latest book is “Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World.” Bradley is a Pulitzer finalist and winner of the Gerald Loeb Award for international reporting and the TRACE International Award for Investigative Reporting.

“Billion Dollar Whale” profiles a man named Jho Low – a young Malaysian man from a relatively wealthy family. He grew up attending the best boarding schools and finished up schooling at The Wharton School. During his time at Wharton he created a private equity group. He was able to get some of his wealthier friends and their parents to throw money into the fund. From a young age he knew what made people tick and had a talent connecting with very wealthy and strong political figures. Jho eventually got an audience with the Prime Minister of Malaysia to set up a fund for the Prime Minister’s campaign – this is where the real story of Jho Low starts to unfold.

Jho quickly went from a guy with a million or so dollars to worth about $700 million over night. He began throwing extravagant parties, renting private yachts and planes, and rubbing elbows with the world’s elite. He started buying giant stakes in companies and was even able to borrow 6 ½ billion from Goldman Sachs. The extent of how much he has stolen and from who is still largely unknown. Jho Low figured out how the world works, develop relationships and was the king of understanding that you could buy just about everything. With the scandal still unfolding in real time, Bradley’s book has created waves in countries around the world.

In this episode of Trend Following Radio:

  • The Wolf of Wall Street
  • Sovereign wealth funds
  • Money laundering
  • Goldman Sachs
  • Banking compliance

Nov 19 2018

52mins

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Rank #9: Ep. 504: Jim Rickards Interview with Michael Covel on Trend Following Radio

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On today’s episode of Trend Following Radio Michael Covel interviews Jim Rickards. Jim was front and center during the 1998 LTCM blow-up. He was a partner and general counsel for Long Term Capital Management. Following their blowup, he was principal negotiator in the 1998 bailout of LTCM by the Federal Reserve. He has had a bird’s eye view of some of the most interesting events in the economy over the last 20 years. In Jim’s latest book, “The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis,” he talks about 1998, 2008 and 2018. Jim gives these dates as examples of financial crises that happen (and will happen) every six to ten years. He relates financial panics to earthquakes. If you could stop an earthquake mid earthquake, this is similar to how we have been dealing with financial crises over the years. When bubbles are created, and then bailouts occur, government is only putting a stopper in the problem, however the problem is still there and building. The next bailout can’t come from the central banks. Jim and Michael finish the podcast discussing cyber hacking and WWIII. Jim believes WWIII has already begun between Russia and America on a cyber warfare front. Cyber warfare has been happening between Russia and the U.S. for years. It is the worse kind of attack because you can get into major operating systems. Jim uses the operating systems of the Hoover Dam or getting into the operating system of the New York Stock Exchange as examples. If a terrorist got into the operating system of the Hoover Dam and opened up the flood gates it would wipe out hundreds of thousands of people.

Nov 21 2016

35mins

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Rank #10: Ep. 500: Charles Faulkner Special with Michael Covel on Trend Following Radio

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My special 500th episode is a 6-hour aggregate show featuring Charles Faulkner.

Nov 07 2016

6hr 19mins

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Rank #11: Ep. 476: Commandments with Michael Covel on Trend Following Radio

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Michael starts the podcast off with excerpts from an interview with Clint Eastwood. Clint answers the question, “What is the pussy generation?” He also goes on to give his take on what is wrong with the US presidential election, unemployment and free education. Michael sums up the interview saying, “I do love that this 86 year old tough guy is telling us…” Michael uses Eastwood to lay the foundation for the rest of the podcast as he talks about “Trend Following Commandments.” Michael goes in depth about some of these fundamental trend following principles.

In this episode of Trend Following Radio:

  • Political correctness
  • Pussy generation
  • Absolute returns
  • Inefficient markets
  • Market bubbles
  • Fundamentals are religion
  • The market is never wrong
  • Cutting your losses
  • Learn to love your losses
  • Price action
  • Betting the markets properly
  • Failure is the secret to success

Aug 15 2016

30mins

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Rank #12: Ep. 700: Tom Basso Interview with Michael Covel on Trend Following Radio

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Tom Basso is back for episode 700. Tom is featured across Jack Schwager’s “Market Wizard” series and most famously known as “Mr. Serenity.” He was featured on episode 400 of Trend Following Radio with a mega 4 ½ hour episode, and today he is back for this new episode. Now retired from managing client money, Tom was president and founder of Trendstat Capital Management. He became a registered investment advisor in 1980, a registered commodities advisor in 1984, and was elected to the board of the National Futures Association in 1998.

Although Tom has been retired for over 15 years he still gets emails daily from aspiring traders. While on vacation with his wife, they came up with a more efficient solution to answering all these emails. Tom decided to start an educational platform that he more candidly describes as a “Tom Basso brain dump into a website.” He has had 28 years of experience managing money and over 40 years of managing his own money. With all that knowledge, his new website addresses what he feels new and old traders alike struggle with. All content on his website will be free aside from his personal training videos and a narrated version of his book “Panic-Proof Investing.”

What is it about the individual that is so important in trading? How do you become the best trader you can be? How does exercise and diet play into trading? How do you separate self worth from your net worth? How do you stay young in your energy? Michael and Tom keep their conversation on trading today more philosophical rather than technical.

In this episode of Trend Following Radio:

Trend following philosophy Separation of net worth from self worth How to view winning trades vs. losing trades Staying mentally young Brooks Koepka vs. Tiger Woods Dealing with stress in the markets Social media stressors

Oct 08 2018

56mins

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Rank #13: Ep. 514: Epic Behavioral Episode with Michael Covel on Trend Following Radio

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Michael has put together a compilation of past appearances aggregated into a four hour episode. Guests today include: Daniel Kahneman, Laurie Santos, Steven Kotler, Anders Ericsson, Philip Tetlock, and Colin Camerer. Daniel Kahneman has been called the most important psychologist alive today. He is the 2002 winner of the Nobel Memorial Prize in Economic Sciences, and is the guy behind the theories of behavioral economics and behavioral finance. Laurie Santos is a professor of psychology and cognitive sciences at Yale University. Her research explores the evolutionary origins of the human mind by comparing the cognitive abilities of human and non-human primates. Santos is able to look at monkeys and their behavior in markets and money, and see the similarities with humans. Kotler is an American bestselling author, journalist, and entrepreneur. His articles have appeared in over 70 publications, including The New York Times Magazine, LA Times, etc. Anders Ericsson is a Swedish psychologist and Conradi Eminent Scholar and Professor of Psychology at Florida State University. He is internationally recognized as a researcher in the psychological nature of expertise and human performance. His new book is “Peak: Secrets from the New Science of Expertise.” Philip Tetlock is a Canadian American political science writer currently at The Wharton School of the University of Pennsylvania. He is right at the intersection of psychology, political science and organizational behavior. His book, “Superforecasting: The Art and Science of Prediction,” is about probabilistic thinking defined. Colin Camerer is an American behavioral economist and a Robert Kirby Professor of Behavioral Finance and Economics at the California Institute of Technology (Caltech). Camerer’s research is the interface between cognitive psychology and economics.

In this episode of Trend Following Radio:

  • Remembering self vs. Experiencing self
  • How the measures of happiness are being implemented into public policy
  • How failure to accept one’s losses can lead to risk-taking in trading
  • Crowd behavior relating economic bubbles
  • Why capitalism is largely driven by optimism
  • Behavioral economics affecting the trading world
  • Monkeys and humans
  • The monkey economy
  • The endowment effect
  • G.I. Joe fallacy
  • Discipline and practice
  • Solo and group practice
  • Flow state
  • Social motivation
  • The late birthday rule
  • 10,000 hours of practice
  • Nature vs. nurture
  • Brain plasticity
  • What are superforecasters?
  • Probabilistic thinking
  • Looking at data
  • The basis of decision making

Dec 26 2016

4hr 29mins

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Rank #14: Ep. 467: David Burkus Interview with Michael Covel on Trend Following Radio

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Michael and David Burkus start off talking about Fredrick Winslow Taylor. Fredrick’s claim to fame is discovering that it isn’t about innovating a product, but rather about innovating the factory. He looked into factory processes and what it took to make a product most effectively. The downside of his work was that he believed management should be operated scientifically as well. He thought that management was smart and factory workers were dumb. His values helped people focus on how to make a product most efficiently not how to make people sustainable, prolific and healthy. He took a lot of the emotion out of it. Most of his work has shifted from the United States and moved to other more factory driven places such as China. The new form of work that we are seeing in most countries is creative work. Employees are required to make decisions or make collective designs with people in their company. Michael asks, “Isn’t this about making employees feel like entrepreneurs in their company or organization?” David uses tech start-ups as examples; Even as they get big they aim to make their companies continue to feel like a start-up and train their employees to think like solo entrepreneurs. This is how trust and intellect gets built within a company. Next, Michael and David discuss the effectiveness of email. Pros: The cost of email is cheap and you can respond on your own schedule. Cons: Constant text and emails have diverted focus and created too much distraction. David stresses that there is no such thing as “multitasking”, there is only task switching. Some studies say it could take up to 15 minutes to get back to the focus you were at before you were interrupted. Michael and David move the discussion back to the importance of keeping your employees happy. Having outstanding customer satisfaction comes down to putting employees first. Sometimes that means siding with your employees over your customers. You need to be able to tell some customers that your company or product simply may not be right for them. Also, creating the right work environment is key. Open work environments as opposed to more closed work environments have been becoming the norm. In an open office environment the idea is that working together is easy and creates a better collaborative environment. However there are negative effects such as increased sick days (perhaps because they do not want to see certain co-workers) and more distraction. Michael and David finish talking about non-compete clauses and the counter productiveness of them. There is a difference between a non-compete and a non-disclosure. Apple and Google have two totally different views on this. Google is 100% fluid and open. Apple is very closed off and believes in the non-compete clause. When people migrate from one company to another, it has been shown in studies that both companies actually win from the intellectual knowledge transferred and gained from each other. Non-compete environments benefit everyone in the long term. Also, on a societal level you can see a huge benefit when non-competes are not allowed.

In this episode of Trend Following Radio:

  • Re-designing the factory
  • Physical labor vs. Intellectual labor
  • Machines vs. Man
  • Multitasking = Task switching
  • “The customer is always right” mentality
  • Confirmation bias
  • Introverts and extroverts
  • Customer service
  • Non-compete clauses

Jul 15 2016

45mins

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Rank #15: Ep. 487: Robert Cialdini Interview with Michael Covel on Trend Following Radio

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Robert Cialdini is on today’s podcast. He is best known for writing “Influence: The Psychology of Persuasion” published back in 1984. Robert is the “go to man” for understanding effective persuasion. Reciprocity, commitment and consistency, social proof, authority, liking and scarcity are his six key principles of influence that he teaches. His new book, “Pre-Suasion: A Revolutionary Way to Influence and Persuade”, introduces a seventh key principle of influence. Michael asks “How did you start down this path? What was your ‘A-ha’ moment that got you researching for this new book?” Robert says it was a series of recognitions as he was reading the newest work in behavioral studies that made him realize that creating mindsets in people didn’t involve just six principles. He went back to his notes and looked at what the top people in various professions were doing. He realized that they were acting like gardeners. They were preparing the earth before planting the seed. These professionals were priming a persons mind to perceive their idea more fully. Next, Michael and Robert talk about anchoring a persons perception of what they are paying or asking for. You start off with a higher number or a grander request before hitting the other person with what you really want. “Are there types of thinkers where pre-suasion is not as effective? Or have you found universally across the populations that pre-suasion is just very effective?” Robert says it seems to be a universal operating procedure that is built into us from birth. He uses a study done with 18 month old babies that proves that this is built into our psyche. Lastly, Michael asks Robert to elaborate on the idea of unity. Robert shares a story of Warren Buffett and unity taken from his book. Michael finishes up the last 20 minutes of the podcast with a presentation on behavior change and the part that social norms play in creating that change, given by Robert. He focuses on how to make people move more towards a environmentally socially responsible role.

In this episode of Trend Following Radio:

  • Establishing trust before asking for anything
  • Rational self interest
  • Anchoring a persons perception
  • Asking for advice rather than an opinion
  • Warren Buffett’s shareholder letter
  • Environmental responsibility

Sep 23 2016

49mins

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Rank #16: Ep. 708: One of the Omaha Guys Lays It Out with Michael Covel on Trend Following Radio

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One of the Omaha Guys Lays It Out with Michael Covel on Trend Following Radio.

Nov 05 2018

1hr 43mins

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Rank #17: Ep. 773: Esther Wojcicki Interview with Michael Covel on Trend Following Radio

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The Godmother of Silicon Valley, legendary teacher, and mother of a Super Family shares her tried-and-tested methods for raising happy, healthy, successful children using Trust, Respect, Independence, Collaboration, and Kindness: TRICK.

Esther Wojcicki—“Woj” to her many friends and admirers—is famous for three things: teaching a high school class that has changed the lives of thousands of kids, inspiring Silicon Valley legends like Steve Jobs, and raising three daughters who have each become famously successful. What do these three accomplishments have in common? They’re the result of TRICK, Woj’s secret to raising successful people: Trust, Respect, Independence, Collaboration, and Kindness. Simple lessons, but the results are radical.

Wojcicki’s methods are the opposite of helicopter parenting. As we face an epidemic of parental anxiety, Woj is here to say: relax. Talk to infants as if they are adults. Allow teenagers to pick projects that relate to the real world and their own passions, and let them figure out how to complete them. Above all, let your child lead. How to Raise Successful People offers essential lessons for raising, educating, and managing people to their highest potential. Change your parenting, change the world.

Note: Her husband is Stanford University professor of physics Stanley Wojcicki. They have three daughters: Susan (CEO of YouTube), Janet, a Fulbright-winning anthropologist, Assistant Professor of Pediatrics and researcher, and Anne (co-founder of 23andMe).

Jun 21 2019

51mins

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Rank #18: Ep. 558: A Trend Following Back and Forth on Trend Following Radio

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Michael Covel breaks open the newest edition of Trend Following and discusses details of the 5th edition. It becomes a challenge to continually “up the ante”. The book is double the size and broken down into three sections: Principles, interviews, and research. Michael discusses: Dunn vs. S&P, mechanical trading, fundamentals, Warren Buffett and his drawdowns, 200 day moving averages, Nate Silver and Harry Denton on prediction, large fund trading vs. small fund trading, John W. Henry, chasing tops and bottoms of the market, Paul Tudor Jones, price action, process and outcome, CNBC and Joe Kernen, and much more.

In this episode of Trend Following Radio:

  • Is trend following dead?
  • Warren Buffett
  • Catching the bottom of the market
  • Prediction as a business
  • Price action
  • Process vs. Outcome
  • CNBC
  • Fundamentals

May 29 2017

58mins

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Rank #19: Ep. 835: A New 2020 Book with Michael Covel on Trend Following Radio

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A New 2020 Book with Michael Covel on Trend Following Radio.

Jan 24 2020

4hr 30mins

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Rank #20: Ep. 450: Making Money Every Month Is Fantasy with Michael Covel on Trend Following Radio

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Today on Trend Following Radio Michael Covel starts off reading a listener email from someone interested in making 3-4% every month with only 15% drawdowns. Michael gives his personal feedback as well as responses from Facebook after posting the email. The responses were mixed. Some people fully believed these kinds of returns are possible, while Michael and others said that if anyone is telling you they can produce 3-4% returns every month then it is absolutely a scam. Only Long Term Capital Management, Bernie Madoff, and some high frequency traders with insider trading access can tout such returns. Michael finishes the podcast talking about the upcoming American elections. What is the alternative to Trump and Sanders? Hilary Clinton? Michael says that everything is an act with Clinton and that she’s a bona fide…[fill in the blank].

In this episode of Trend Following Radio:

  • Long Term Capital Management
  • Bernie Madoff
  • Leverage
  • Diversification
  • Indian Stock Market

May 16 2016

26mins

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