BlogApril 23, 2025Michael Covel

“What’s missing today that the Turtles had in spades…”

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Hey Michael,

Your story hit me—not because of the Wall Street glamour or the Massey name—but because of that precise moment when pretense gets stripped away. I’ve felt that moment. Different context, same weight. And like you, I didn’t come from pedigree or connections—just obsession and an allergic reaction to mediocrity.

Here’s my challenge, and it’s not the usual cocktail of fear, discipline, or impulsive trades. It’s deeper. It’s structure. More specifically: a total absence of credible, direct mentorship in a time when we’re drowning in “information.”

Today, every algorithm-chasing TikToker with a brokerage account calls themselves a mentor. And yet, ironically, despite unprecedented access to data, forums, books, and backtests—I’ve found it harder than ever to find the signal.

I’ve studied the greats—Schwager’s interviews, Kovner, Seykota, even Darvas. But what they had wasn’t just systems. They had environments. Rigid, high-pressure crucibles where skin in the game was non-negotiable, and intellectual honesty was demanded. That doesn’t exist anymore—not in a meaningful way.

I’m not after another course. I’m not asking for a play-by-play. I’m looking for the scaffolding that separates journeymen from killers—something that cuts through the noise and builds actual edge. Turtle-style.

What I’d love to know from you is this: What’s missing today that the Turtles had in spades? What can’t be downloaded, Googled, or ChatGPT’d?

Appreciate your time—and your candor. It’s rare.

Best,
Jan

Knowing that you know, and relaxing. That’s what’s missing. That’s how I help clients.

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