Ep. 624: Do You Got Any Edge with Michael Covel on Trend Following Radio

Henry Clews
Henry Clews

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Michael is a big fan of University of Alabama’s head coach, Nick Saban. Saban has a process. He sticks with that process day after day, year after year. Saban wants the biggest, strongest and fastest men he can find on his defensive line. Why does the greatest college coach not recruit quarterbacks? When you have the biggest and fastest players otherwise controlling the line of scrimmage why would you want the next Brett Favre? Saban breaks down his football team just like a great trader would break down their system.

Michael switches gears and discuses an email back and forth he recently had with a young man who landed an interview with a successful trend following trader. Michael relates his conversation with this nervous young man to an interview experience he had back in 1994 with the ex-CEO of Salomon Brothers. Michael made sure he had a process for navigating the interview. He approached the interview like, “Maybe something good will happen. Maybe something bad will happen but why not put the odds on my side?”

In this episode of Trend Following Radio:

  • Interview preparation
  • Diversification
  • Edge
  • Having a process
  • Gender reassignment

“The Edge… there is no honest way to explain it because the only people who really know where it is are the ones who have gone over.” –Hunter S. Thompson

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