Please enjoy my monologue The Mega Eclectic Episode with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
My guest today is Jennifer Mueller, the author of “Creative Change: Why We Resist it, How We Can Embrace it,”. Many crave the life of creativity but choose not to live it. Jennifer explains creative change in a way that newbies and professionals can understand.
The topic is her book Creative Change: Why We Resist it… How We Can Embrace it.
In this episode of Trend Following Radio we discuss:
For sake of feedback–the last two episodes of the podcast (525, 526) have been awesome. Possibly the best back to back shows you’ve put on….and I’ve heard em all. Hopefully I’m one of many who has this sentiment. Keep up the great content.
Please enjoy my monologue I Will Survive with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
In this episode of Trend Following Radio:
Psychological denial
Incentive cause bias
Pavlovian phenomenon
Negative psychological tendencies
Efficient market theory
Contrast phenomena
Envy bias
What distorts judgment
Tupperware parties
Watch one, do one, teach one
Compounding
Avoiding credit cards at all costs
“The biggest financial asset that you have going for you by miles is the value of your own earning power over the years.” – Warren Buffett
Wall Street always overflows with Holy Grails—those predictions, strategies, secret formulas, and genius interpretations that promise otherworldly knowledge and riches if you just trust. They are most often delivered in the investment world through a black box—a closed system where the inputs and outputs are known, but the internal analytical workings are left top secret, only for the high priests’ consumption. Black box positioning goes far beyond markets, however. It is not surprising in a modern, interconnected age that when you take a very smart guy, rows of computers, proprietary formulas, and code that only the one smart guy can see, and then add a string of successful forecasts, boom—you end up with a nerdy, made-for-social-media superstar who suddenly makes prediction cool for the proletariat.
My guest today is Martin “Marty” Bergin, the President and owner of DUNN Capital Management. Bergin began working with DUNN in 1997. He took over the day-to-day operations of the firm in 2007 and became owner in 2015 (Bill Dunn remains Chairman). DUNN has an outstanding track record that spans over 40 years. Bergin first met Dunn while he was tasked with doing an audit of the company over the course of 7 years. Once the audit was over, Dunn offered him a job.
The topic is Trend Following.
In this episode of Trend Following Radio we discuss:
Management fees
How the financial industry works
Systematic trend following strategies
Trading off of price data
The advantages of diversity in your portfolio
“What has more information in it than price? It is the accumulation of all information in the marketplace, and that is all we trade.” – Marty Bergin
