Michael Covel Crypto Interview on Trend Following Radio.
Michael Covel Crypto Interview on Trend Following Radio.
For long I wanted to express how I was grateful for your work and your podcast, how you indirectly helped me in hard market time to keep faith and not diverge from my process (I m a portfolio manager), listening your podcast on my bike to work. So thank you! On covid as we seem to share many doubts…I used my frustration about lockdowns, school closed and helicopter money and dig into data and did several studies on the cost-benefit of non-differentiate lockdowns notably:
- My work trying to count the indirect deaths/costs of lockdowns was published in LeFigaro newspaper in France, fueling many hate / love comments
- On conditions of the covid deaths, only Italy and its Istituto Superiore di Sanità publishes serious statistics on that. You’ll spot that it’s not 1 condition (say obesity) but 3.5 conditions that the deads of covid suffered, on average. We estimated the average life expectancy of the deaths at less than 4 years (validated by the epidemiologists I worked with).
- I built a website with many comparative and alternative statistics, and cost-benefit analyses (social costs, educational cost, QUALY cost, educational cost)
- Finally, your guest Talya Miron Shatz said approx. that there was no big problem as vaccines were free. Here again a serious reasoning dissonance of our times. They are paid by our taxes and may compromise future expenses for education, environment.
Getting my wife to understand the following that you have so aptly stated in your email:
“Is there a common trait that every big money trader has, knowingly or unknowingly? Yes. To succeed in the markets they surrender.”
Thank you for understanding.
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I am a letter carrier with Canada Post. Covid has wiped us out as my wife lost her job and I have been quarantined quite a few times. I have just listened to your book The Complete TurtleTrader as it was a gift to me from a friend. I have $58,000 in RRSP registered account that has been sitting there since 2001. Our retirement has been decimated by covid and we are trying to build for a retirement. I am 52 years old and after quite a few years of delivering mail my body is really starting to feel it. Loved the book.
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I sent you an email prior but you didn’t respond. It was a test for me because you noted in one of you emails “go ahead test me”. Anyway I am reading you book TREND FOLLOWING and am reading the interview with Ed Seykota. You say: “I sometimes feel like my career’s the same way. I don’t necessarily know why, I’m just driven to do what I do and I’m not necessarily sure what I even do, but I just do it.” I cannot explain how attached to this statement I feel but it is refreshing to know that I am reading this book and thinking the same way. I am 40 years old, married for 5 years, just had a baby and work in medical device sales. I went to school for finance, always have loved numbers, am intrigued with the markets but never did anything to pursue working with the markets. I traded on my Scottrade account which as you know is TD and always just purchased things on hear say or stocks that I felt wouldn’t go out of business anytime soon. About 4 years ago I was at a party that wasn’t really my seen but another guy was there and we were discussing the markets and trading. He told me about a few books he read before he started trading and one of those books was yours. It wasn’t until I had a baby and my life completely slowed down that I started reading your book. Now I have money to trade with and I just found the time to read your book. I also purchased your audio book TurtleTraders and listed to it between cases at work. I want to really dive into this way of trading the next 20 years and see where it takes me. However I would love to pick your brain. I know that is a long shot but maybe you will get this email and think you have an opportunity to follow me as I embark on my journey as a Turtle trend trader. The 40 year old that started a family who was average and elevated himself to the next level TREND FOLLOWING.
Guess the word I beeped with Michael Covel on Trend Following Radio.