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Warren Buffett on Retirement Strategies

Feedback in:

Michael, thought you might enjoy a good laugh from this article (http://finance.yahoo.com/news/warren-buffett-guide-retirement-investing-143658304.html). I know you’ve talked about Warren Buffet before, but there were some real gems included in this one so I felt compelled to share.

Enjoy, and keep up the good work!

Brooks

Thanks. Worth comparing that to this page that can be found at Yale.


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Speculation Breakdown

Article from ZeroHedge titled Doug Casey’s 9 Secrets for Successful Speculation. Nine points made worth driving home:

Secret #1: Contrarianism takes courage.
Secret #2: Success takes discipline.
Secret #3: Analysis over emotion.
Secret #4: Trust your gut.
Secret #5: Assume Bulshytt.
Secret #6: The trend is your friend.
Secret #7: Only speculate with money you can afford to lose.
Secret #8: Stack the odds in your favor.
Secret #9: You can’t kiss all the girls.

All issues expanded in original article. #4? Not trend following.


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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Marc Faber Podcast Coming

Marc Faber, editor & publisher of “The Gloom, Boom & Doom Report”, and myself March 20, 2014 in Chiang Mai, Thailand. Podcast up soon!

Marc Faber


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Ep. 221: Howard Lindzon Interview with Michael Covel on Trend Following Radio

Howard Lindzon
Howard Lindzon

My guest today is Howard Lindzon, a Canadian entrepreneur, author, financial analyst, technical analyst and angel investor. Lindzon manages a hedge fund, serves as managing partner of the holding company Social Leverage, limited partner at Knight’s Bridge Capital Partners, and is the co-founder of StockTwits. He’s also known for the satirical podcast Wallstrip.

In this episode of Trend Following Radio we discuss:

  • The commonalities between the angel investing world and trend following
  • Over-diversification
  • Diversification in private investments vs. stocks
  • How Lindzon got the entrepreneurial “bug”
  • Lindzon’s early career as a stockbroker
  • The beginnings of Wallstrip
  • Lindzon’s comedy influence
  • How Wallstrip led to the next four years of Lindzon’s investments
  • How Lindzon’s mistakes helped him grow as an investor
  • Lindzon’s experience with fraud committed by a business partner
  • Keeping your business drama-free
  • The issue of distraction
  • Lindzon on the birth of StockTwits
  • The investment that changed Lindzon’s financial life in 2005
  • The future of StockTwits as Lindzon sees it
  • Social leverage
  • The art of curation and verticalization
  • Thinking of the financial web as a social bank account

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Trend Following Goes By Many Names

Feedback in:

Hi Michael, I just sent you a friend request, I don’t really use Facebook, not very schooled up on appropriate. Facebook told me I should know you personally to friend you…guess I’ll find out.

You’re on it. I have been listening to you for the past couple months and all I have to say is AMEN brother. Trend following has always been my goal though it hasn’t been until recently I knew it as “trend following”. I’d love to chat sometime but I know you’re a busy guy bringing to light the best for a lot of people.

Learning/trading/systems testing has been my life for the last year and a half. Lonely…nobody gets it. And yet, they are all heading for the same inevitable retirement scenario…there isn’t one, at least for your conventional 9-5er’s. I could rant, but you know it already…

At the sure chance I’ll be preaching to the choir, I would love to hear something on managing 401k’s from a trend following perspective. There are some interesting challenges in 401K’s. Holding periods/penalties and most only offer a specific list of investment options. This is something I am currently beginning to work on for mine and my wife’s retirement accounts, I am sure I can increase the returns with backtested timing models.

Anyway, thanks for your work.

Justin

Welcome! Some retirement information on the podcast in the near future. Good point.


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

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Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.

Ep. 220: Victor Sperandeo Interview with Michael Covel on Trend Following Radio

Victor Sperandeo
Victor Sperandeo


My guest today is Victor Sperandeo, known as “Trader Vic”, a US trader, index developer, and financial commentator. He serves as the President and CEO of Alpha Financial Technologies, LLC (AFT), is a founding partner of EAM Partners L.P., and serves as the President and CEO of its general partner, EAM Corporation.

In this episode of Trend Following Radio we discuss:

  • Recent public policy directions
  • Trading against your public policy interests
  • Zero interest rate policy
  • Whether the S&P is a “bribe”
  • The Fed mandate to keep stocks from falling and to stop volatility
  • The wealth effect
  • Why the stock market going up is a very poor instrument to fix the economy
  • The trend towards socialism
  • Sperandeo’s experience working with George Soros
  • Sperandeo’s experience with the DTI index
  • lack swans and the effects of large, catastrophic events on the market; why the only way to protect yourself is extreme diversification; volatility balancing; and Sperandeo’s experience as a young man and how he came into the trading world

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The Psychology of Losing

Feedback in:

Mike. Are you ever returning to San Diego? How is yoga and world travels? Here is a quote from a guy that has sold millions of books and truly just about sums up the masses and the psychology of losing: “If you made money in 2008, you did something wrong” from Ben Stein. Ok, thought you would get a kick out of it.

Joe C.

I used that quote to start my Little Book of Trading released summer 2011.

I’m in Asia now and the yoga is great!


How can you move forward immediately to Trend Following profits? My books and my Flagship Course and Systems are trusted options by clients in 70+ countries.

Also jump in:

Trend Following Podcast Guests
Frequently Asked Questions
Performance
Research
Markets to Trade
Crisis Times
Trading Technology
About Us

Trend Following is for beginners, students and pros in all countries. This is not day trading 5-minute bars, prediction or analyzing fundamentals–it’s Trend Following.