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Tag: discipline

Ep. 437: Anders Ericsson Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Anders Ericsson
Anders Ericsson

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My guest today is Anders Ericsson, a Swedish psychologist and Conradi Eminent Scholar and Professor of Psychology at Florida State University who was internationally recognized as a researcher in the psychological nature of expertise and human performance. Ericsson studied expert performance in domains such as medicine, music, chess, and sports, focusing exclusively on extended deliberate practice (e.g., high concentration practice beyond one’s comfort zone) as a means of how expert performers acquire their superior performance.

The topic is his book Peak: Secrets from the new science of expertise.

In this episode of Trend Following Radio we discuss:

  • 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

“To optimize the benefits of deliberate practice you have to be in control of your own training.” Anders Ericsson

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Ep. 436: Tom Bilyeu Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Tom Bilyeu
Tom Bilyeu

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My guest today is Tom Bilyeu, an American Entrepreneur. He is best known as the co-founder of Quest Nutrition and the co-founder and CEO of Impact Theory.

The topic is entrepreneur.

In this episode of Trend Following Radio:

  • Discipline and practice
  • The Quest belief system
  • Escaping the Matrix
  • Tom Bilyeu’s ultimate reading list
  • Being authentic
  • Obesity
  • Autopilot thought process
  • International food regulations
  • Letting go of being right
  • Reaching your true fans

“Do that which moves you towards your goals. Do not do that which moves you away from your goals” – Quest belief system

“You can learn what you need to learn, and if you are willing to accumulate enough skills, there really is no limit to what you can do.” – Tom Bilyeu

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No Way Covel! Yes, Way!

Posted on by Michael Covel

I saw this:

This actually would be my one and only criticism of Covel. He makes it sound like ANYBODY can successfully create and follow a mechanical system and make money like clockwork. IMO most people are not cut out for it…The amount of discipline required is zen-like.

First, putting aside ‘trend following’, and just considering any worthwhile endeavor, people CAN & DO make anything happen in life. The Talent Code and Talent is Overrated both make a strong case against this position. Second, my book The Complete TurtleTrader is an even better response to the “everyone can’t do it” line. The story of how an actor, a musician, a drug dealer, blackjack players — novices — made millions is inspirational. I am the first one to say that the Turtle story almost seems like fiction, but it’s not.

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