Please enjoy my monologue I Like How @Naval Thinks with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
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Please enjoy my monologue Elon Musk, NBC and Scott Adams Navigate Mental Prisons 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:
Price action
Mental prisons
Reducing the information flow
Entrepreneurship
“Are you in a life function that can be measured or are you just taking a paycheck?” – Michael Covel
By the way, I purchased your 5th edition of Tread Following in hardback along with Tim Larkin’s book. I haven’t dug into them yet, which would be a second reading of your book, but I figure with them a person is almost bullet proof both physically and financially given the heft of the books and what is in them.
I’ve been immersing myself in your podcast over the last few months. I’m not sure if it was the best decision to start at the beginning but I am about half way through 2013 at the moment. You are currently still in Asia. I spent three months there myself just traveling around. Not only has it been fascinating listing to your podcast regards trend following but it has also been interesting to witness your own life journey and growth, (eg yoga, travel etc) all compacted down into a few months. I’m looking forward to the rest and catching up to modern day. And I have also enjoyed reading some but not yet all of your books.
So I won’t go into detail as to why I think trend following is very much suited to me but listening to your podcast daily has given me the confidence to take full responsibility over all my trading decisions. I had already accepted full responsibility as to the outcome of my investment. Eg if I ask and receive financial advice, whatever the outcome, it is still my responsibility. But along with that came many frustrations which you completely address and have now given me the vehicle (trend following) to actual choose the trades I make.
Fortunately I am an oracle database programmer and so am a long way into generating my own fully automated system which will simply pump out my daily actions. And fortunately I have the personality to simply follow them because that’s easier than having to make a discretionary decision.
So firstly I simply wanted to thank you for your great work and secondly ask a simple technical question which maybe you won’t answer but that’s OK.
When charting most professional suggest that a Exponential MA is superior to a Simple MA for a number of reasons but when people talk about systematizing there trading on your podcast they always refer to a Simple MA and I am wondering from a trading perspective does it not really make any difference or is it simply that a Simple MA is easier to code?
Anyway things may have change across the 5 years that I am behind on your podcast and perhaps you no long take email, But I’m glad I have contacted you. You have had a profound affect on my life. I really enjoy the psychology and self improvement aspect of your podcast and the constant message of taking full responsibility and not looking to the ‘Man’ to look after me.
By the way I am in Australia, not sure if you have made it down this way yet.
My guest today is Daniel Klein, a professor of economics at George Mason University and an Associate Fellow of the Swedish Ratio Institute. Much of his research examines public policy questions, libertarian political philosophy, and the sociology of academia. He is the chief editor of Econ Journal Watch.
The topic is economics.
In this episode of Trend Following Radio we discuss:
My guest today is Agustín Fuentes, a primatologist and biological anthropologist focusing largely on human and non-human primate interaction, pathogen transfer, communication, cooperation, and human social evolution. His most recent book is “The Creative Spark: How Imagination Made Humans Exceptional.”
The topic is his book The Creative Spark: How Imagination Made Humans Exceptional.
In this episode of Trend Following Radio we discuss:
The podcast is great and I follow many recommendations from it including reading the Fountainhead.
I picked up the book about a month ago after hearing your rant and listening to an audible excerpt you played. As an English Lit Major, you struck another cord with me.
I am halfway through and am enamored by Rand’s literary skill and was glad to hear you mention it again in Ep. 650.
But also I think your recommendation is not based solely to broaden my literary horizon, of which, I am no danger of doing but had to read it per your recommendation.
I have to say my bookseller was impressed I am reading Rand and I was very intrigued by his response.
So, I just wanted to say, I am looking forward to experiencing a similar epiphany of sorts as I move towards completion. I am still not sure what you are seeing but the representation of the characters is not lost on me.