Podcast Feedback

Feedback today from Germany:

“…[I am] just starting as an investor [and] wasn’t sure where to turn for REAL information. There are a bazillion people out there selling books and newsletters and assorted other crap and they ALL claim to have the “secret” to investing success. I don’t know if one human lifespan is long enough to thoroughly evaluate all of them, but I know that I didn’t have the time. So, I decided that I would make use of my driving time and listen to some investing info. in the car on my way to work each day. I downloaded all your podcasts and transferred them to a CD, but then I decided that I’d let them play at night while I was sleeping to make use of that time as well. So, for the last several weeks, I have listened to all of your podcasts in sequence each night. All I really wanted to do was absorb whatever good info. I could from you, but I think it went deeper than expected. As I continued my sifting through the loads of investing “advice” on the Internet, I started finding that more and more of it fell into the “crap” category, but I didn’t know why. I just knew that now it somehow sounded “fishy”. It finally dawned on me what I had done when I happened to turn on the TV and saw some of those MSNBC “talking heads” giving their stock tips. When I saw their suits, the ticker running across the screen, it [all] just clicked. I automatically thought, “If I did buy what you recommend, how much would I buy?” “When would I sell?” “What’s my exit strategy?” That’s when I realized that YOU were still talking in my head! I went to Amazon today and bought your book…It’s kind of scary to think that investing ideas are influencing my decisions on some kind of subconscious level and I haven’t even read your book yet. Well, I sure hope that whatever else I absorbed is good stuff because I don’t know how to undo this. Hopefully, I won’t have to.”
Best regards,
David R.
Schweinfurt, Germany

Thanks for the feedback David. I can’t speak to the usefullness of my podcasts while you are sleeping. I am willing to bet there would be healthy debate as to the efficacy of listening while asleep! In all seriousness though, I am sure there are some people out there quite tired of my podcasts. They most likely want something snappier or flashier. They probably want “tips” to “quick riches” and miss the larger point you make. There is a certain subtly to trend following. Many walk right past it and never know it.

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.