Ep. 184: Cal Newport Interview with Michael Covel on Trend Following Radio

Synopsis: Michael Covel interviews Cal Newport. Newport writes on a really interesting subject: Passion (mission critical to trading). You hear it all the time: chase your passion, find your passion. But Newport comes at it from a different perspective, similar to Covel’s experiences–passion does not come first, but rather developing top skill comes first. Newport and Covel also discuss Alan Watts; why following your passion isn’t such a great idea from Newport’s perspective; the notion of deliberate practice and the 10000 hour rule, falling back on simplistic strategies that fail; passion following success as the true gauge; misconceptions about passion; thinking of passion as a side-effect of running your career in the right way; overcoming difficulty as a necessary step in the process; the work and analysis Newport has done looking at top chess players; the systematic aspect of gaining skill and its ties to passion; and anxiety and failure. Cal Newport can be found at calnewport.com. Want a free trend following DVD? Go to trendfollowing.com/win.