Please enjoy my monologue The Trend Following Mindset with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
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My guest today is Bradley Hope, a finance and malfeasance reporter for the Wall Street Journal and his latest book is “Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World.” Bradley is a Pulitzer finalist and winner of the Gerald Loeb Award for international reporting and the TRACE International Award for Investigative Reporting.
The topic is his book Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World.
In this episode of Trend Following Radio we discuss:
My guest today is Daniel Peris, a portfolio manager at Federated Investors. Before transitioning into asset management, Peris was a historian focused on modern Russian history, but now self identifies as a business investor. Daniel has strong views on economic practices like the efficient market hypothesis (Eugene Fama) and modern portfolio theory.
The topic is his book Getting Back to Business: Why Modern Portfolio Theory Fails Investors and How You Can Bring Common Sense to Your Portfolio.
In this episode of Trend Following Radio we discuss:
My guest today is Peter Boettke, an economist of the Austrian School. He is currently an economics and philosophy professor at George Mason University; the BB&T Professor for the Study of Capitalism, Vice President for Research, and Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.
The topic is his book F. A. Hayek: Economics, Political Economy and Social Philosophy (Great Thinkers in Economics).
In this episode of Trend Following Radio we discuss:
I am a big fan of your podcast, and I would like to thank you for spreading so much amazing information for free! You have inspired me to take a new step in my investing career, moving into trend following, with a completely different perspective of what I’ve been taught (BUY AND HOLD).
I hope you will send me your recommended steps to take into this new world of investing, and I must add that I have been deeply impacted by long-term investing – Warren Buffet/Charlie Munger style investing for the last year, but somehow your approach just resonates much better with me.
My guest today is Paul Britton, a portfolio manager at Apollo Systems Research Corporation. In high school Paul’s dad put him into a stock that went from $5 to $60. He took his profit and put money into a couple more stocks that turned out to be winners as well. These lucky trades peaked his interest in markets. Shortly after making these initial trades, Paul’s dad also gave him a copy of “Reminiscences of a Stock Operator.” He started working and looking at data trying to see if he could get a system of his own to work. He quickly learned that you can play around with entry and exit points, markets, etc., but as long as you pick up on the big trends and ride them until they lose–that was the #1 way to make money.
The topic is Trend Following.
In this episode of Trend Following Radio we discuss:
Momentum bias
Let your winners run
Fundamental trading
Diversification
Global macro trading
Compounding
Supply and demand
“In the long run, it’s the compounding that is going to do all the heavy lifting for you.” – Paul Britton