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Glenn Beck’s ‘Broke’ Inspired by Michael Covel’s ‘Broke’

Glenn Beck's Broke

Glenn Beck (and his co-author Kevin Balfe) released a new book today (Oct 2010) titled Broke.

I happen to have a documentary film titled Broke released last year.

A coincidence on titles?

Readers can judge. Some background might help…

Once my film was completed it made the rounds to many potential distribution outlets. One outlet among many was Glenn Beck’s office (my film ended up premiering on The Documentary Channel). Beck’s co-author Kevin Balfe emailed me October 1, 2009 to say:

“I think you’ve produced an excellent documentary but it’s not a great fit for us at this time.”

Did not think too much of that as rejection is part of the business in a creative world. Easy come, easy go. However, a year later it was an interesting surprise to see Beck’s book ‘Broke’ announced in Aug 2010. My gut immediately said, “I know where they got that title from.”

Beck confirmed when his title changed (audio) in Sep 2010:

“This one started out last October [2009] as ‘The Plan’, but we decided to make it ‘Broke.'”

‘Broke’ was a great title for a film and it is interesting to see Beck change his book title due to my random 2008 moment of inspiration.

Michael Covel's Broke


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Michael Mauboussin: Untangling Skill and Luck

I have long posted white papers from Michael Mauboussin. Here is his most recent piece “Untangling Skill and Luck How to Think About Outcomes–Past, Present, and Future” (PDF).

Mauboussin also happens to be in my film Broke.

Note: Shout to Pragcap.com for the find.


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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Harvard Poker Pro Says Texas Hold ‘Em Can Teach Traders to Fold

From Bloomberg:

“Someone who has made a successful living as a poker player for a few years would more likely be a good trader than someone who hasn’t,” said Aaron Brown, a 53-year-old former poker pro who is now a risk manager at AQR Capital Management LLC in Greenwich, Connecticut, which oversees $23 billion. “They know to push when they have the edge and they know how not to bust, and that’s a tough combination to find.”

Thinking in odds is a crucial point of my film.


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

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About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.