Today I bring on Richard Burrage. Richard runs a market research firm based in Vietnam. If you were ever curious how one could end up in Asia and not leave? Richard has a great story.
Bio: Richard is the Managing Director of Cimigo, an independent Asian market research and consulting firm. He has a 25-year career researching, teaching and testing consumer behavior in Asia. He has counseled clients on consumer behavior, response and the bounce back through significant shocks in Asia; the Asian Financial crisis, SARs, the global financial crisis and the Swine flu.
I came across you from the trend following advocate in my hometown Malaysia recently. I have since conducted reading and research on the issues of trend following and realize what I have been doing in my previous years of trading and investment journey has been futile. The biggest challenge I faced is to follow the trend. Instead, I keep going against the trend picking market tops and bottoms. I decided to purchase your book and happily receive the book today during this pandemic time. Hope I can find some inspiration from it. Thank You!
My biggest challenge is getting into the market at the wrong time. It seems like as soon as I make an entry, the market flips on me. Ever since I’ve been reading your book I have realized that the trend is your friend. I’m learning that, if you have a bullish view on the market or an asset, an uptrend should confirm that bullish view and likewise, if you have a bearish view, then a downtrend should confirm that view. Reading your book and other material confirms this theory as a market has three movements, up, down, or sideways. So, now my challenge is going to be how to enter and how to exit a trend. Thank you, Mr. Covel.
Thanks for the message, I did try to view the video but I have very poor internet comms where I am so it is not really possible (I’m offshore so it’s a shared satellite data link – not the best for streaming). But I am a fan. I have already read your Turtle Traders book and I have just ordered your most recent edition of the Trend Following: How to…. Which will be ready for me to read when I get home again. Thanks for your efforts to make the public aware of this technique, I am looking forward to making some money and maybe getting out of the offshore industry at last!
Cheers, [name]
Where are you with such a bad connection?
It’s offshore Azerbaijan, I’m on a boat in the Caspian. It’s oil and gas industry so I need to prepare myself for an alternative source of income – sooner rather than later.
It’s great to hear you say that fundamentals and technicals aren’t necessary. I totally agree. I haven’t read your books yet, but I did read [name], and it was a nice introduction to this way of trading. I’m also a graduate of FSU, but still live in Tallahassee. It’s a nice area to raise my children. Thanks for your videos and websites and books. I’m constantly learning and this is a topic that is truly unlike any other.
MIT professor Sinan Aral isn’t only one of the world’s leading experts on social media—he’s also an entrepreneur and investor, giving him an unparalleled 360-degree view of the technology’s great promise as well as its outsize capacity to damage our politics, our economy, and even our personal health.
Drawing on two decades of his own research and business experience, Aral goes under the hood of the biggest, most powerful social networks to tackle the critical question of just how much social media actually shapes our choices, for better or worse. Aral shows how the tech behind social media offers the same set of behavior-influencing levers to both Russian hackers and brand marketers—to everyone who hopes to change the way we think and act—which is why its consequences affect everything from elections to business, dating to health. Along the way, he covers a wide array of topics, including how network effects fuel Twitter’s and Facebook’s massive growth to the neuroscience of how social media affects our brains, the real consequences of fake news, the power of social ratings, and the impact of social media on our kids.
In mapping out strategies for being more thoughtful consumers of social media, The Hype Machine offers the definitive guide to understanding and harnessing for good the technology that has redefined our world overnight.
Bio: Sinan Aral is the David Austin Professor of Management, Marketing, IT, and Data Science at MIT; director of the MIT Initiative on the Digital Economy; and head of MIT’s Social Analytics Lab. He is an active entrepreneur and venture capitalist who served as chief scientist at several startups; co-founded Manifest Capital, a VC fund.
Thanks for the video. I enjoyed it. My favorite part is the Bruce Lee quote you put in there about being like water. That is the mentality I am taking towards your teaching. I am a young kid who recently graduated from college and just started working. I do not have the money for the program yet, but when I do, I will certainly be purchasing it. In the meantime, I’m still reading Trend Following and listening to your podcast. I WANT TO WIN. Have a good one, Michael.
Best,
C.
We all want to win, but…
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