Subscribe now and watch my free trend following VIDEO.

Category: Interviews

Ep. 513: John Galt Returns with Michael Covel on Trend Following Radio

Posted on by Michael Covel
John Galt Returns with Michael Covel on Trend Following Radio
John Galt Returns with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

My guest today is Ayn Rand. Rand is best known for her two best selling novels, “The Fountainhead” and “Atlas Shrugged.” Michael plays two clips of Donahue interviewing Rand. Rand is controversial, but her thinking is accurate and clear. She breaks down altruism, government regulation, free market, monopoly, God, feminism, terrorism, and many more topics. You may not agree with her on all points, but there is inspiration to be taken away from her passion and to-the-point thinking.

The topic is Objectivism.

In this episode of Trend Following Radio we discuss:

  • Altruism
  • Government regulation
  • Acting on faith
  • Living by emotion, not reason
  • Women’s rights
  • Religion
  • Monopoly
  • Spending money on the un-gifted minds rather than the gifted
  • A “me” society
  • Definition of a dictator

Mentions & Resources:

Listen to this episode:

Jump in!

Who is John Galt?
Who is John Galt?

Ep. 512: Tim Price Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Tim Price
Tim Price

Subscribe to Trend Following Radio on iTunes

My guest today is Tim Price. He has worked in capital markets for over 25 years across three management firms. A graduate of Christ Church, Oxford, he spent a decade as a bond specialist before going on to serve as Chief Investment Officer at three separate wealth management firms. Tim has been shortlisted for five successive years in the UK Private Asset Managers Awards programme and was a winner in 2005 in the category of Defensive Investing. He is now manager of the VT Price Value Portfolio, a fund investing in Benjamin Graham-style value stocks, and specialist value funds, from around the world. Tim also writes regularly for MoneyWeek magazine and The Spectator.

The topic is his book Investing Through the Looking Glass: A Rational Guide to Irrational Financial Markets.

In this episode of Trend Following Radio we discuss:

  • Trusting central planners
  • Going against the establishment
  • Banking system
  • Owning gold
  • Lehman Brothers collapse
  • 2008 bubble
  • The Brexit and Trump narrative

“Mankind has survived because of our ability to believe in things that do not actually exist.” – Tim Price

Mentions & Resources:

Listen to this episode:

Jump in!

“I like to hear from the ‘dead’…”

Posted on by Michael Covel

Feedback in:

Oh, how I show my age missing discourse like this. Besides Donahue, we had William Buckley, Dick Cavett, and, often, even Johnny Carson. Hearing liberal vs. conservative in an informative way was so, so nice. NOT screaming, NOT engaging in relentless raw ad hominem attacks, NOT being proud of ignorance, nor being illogical–and so smug about doing all this. Even the audiences back then were different. Civility is always welcome. I like to hear from the dead, because what they say is locked down, therefore, allowing a true evaluation of them.

Thanks!

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.

Ep. 510: Milton Friedman Returns with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Milton Friedman Returns with Michael Covel on Trend Following Radio
Milton Friedman Returns with Michael Covel on Trend Following Radio

Subscribe to Trend Following Radio on iTunes

My guest today is Milton Friedman, one of Michael’s favorite dead guests to bring on the podcast. Milton foreshadows Uber, talks about the deep state (without mentioning the deep state), brings up airline service and monopoly. His solutions to problems in government 35 years ago were to cut government spending, hold monetary growth back and cut regulations. The same solutions to government are at the forefront of American politics today. Today, Michael curates two interviews between Phil Donahue and Milton Friedman. These interviews were recorded back in the 1980’s, but many of the points made are more relevant today than ever.

The topic is airline service and monopoly.

In this episode of Trend Following Radio:

  • Government spending
  • Liberty in trading
  • Government regulation
  • Unknowingly supporting private interests
  • How to prevent monopoly
  • Legalizing drugs
  • Prohibition

“I don’t believe government is the mother of children, I don’t believe it is the father of children, I believe government is a way in which you and I and our fellow citizens achieve certain things jointly that we can’t achieve separately.” – Milton Friedman

“The private market system is a system of profit and loss. And the loss part is just as essential as the profit part.” – Milton Friedman

Mentions & Resources:

Listen to this episode:

Want to learn more Trend Following? Watch my video here.

Milton Friedman
Milton Friedman

Ep. 509: Van Tharp Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Van Tharp
Van Tharp

Subscribe to Trend Following Radio on iTunes

My guest today is Van Tharp. He runs the Van Tharp Institute and is the author of four acclaimed books published by McGraw Hill: Super Trader, Trade Your Way to Financial Freedom, Safe Strategies for Financial Freedom, and Financial Freedom Through Electronic Day Trading. His new book is called Trading Beyond the Matrix. He was also featured in Jack Schwager’s Market Wizard’s: Interviews with Great Traders. Van Tharp received his Ph.D. in psychology, is a certified Master Practitioner of Neuro Linguistic Programming (NLP), a Certified Master Time Line Therapist, a certified Modeler of NLP, and an Assistant Trainer of NLP.

The topic is his book Trading Beyond the Matrix: The Red Pill for Traders and Investors.

In this episode of Trend Following Radio we discuss:

  • Systems theory
  • Money management vs. Position sizing
  • Ed Seykota’s trading and psychology strategies
  • Tom Basso’s trading and psychology strategies
  • Yoga
  • Training your brain how to think

Mentions & Resources:

Listen to this episode:

Jump in!

Ep. 507: Lanny Bassham Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Lanny Bassham
Lanny Bassham

Subscribe to Trend Following Radio on iTunes

My guest today is Lanny Bassham, an Olympic gold medalist. After falling short in the 1972 Olympics winning the silver medal rather than gold, Lanny went home and re-applied himself. He returned to the 1976 Olympics and won the gold medal in rifle shooting. For the past 40 years, he has provided “Mental Management” training programs to clients including PGA Tour golfers, Miss America finalists, CEOs, US Navy SEALs, SWAT teams, and the FBI. In addition, Bassham briefly headed the U.S. Olympic shooting team and has operated the company Mental Management Systems with his wife Helen in Flower Mound Texas since 1977.

The topic is his book With Winning in Mind.

In this episode of Trend Following Radio we discuss:

  • Creating a mental process
  • Changing your self image
  • How the top 5% think
  • Hard work in practice vs. Hard work in tournaments
  • Thinking of process not outcome
  • Valuing performance not just participation

“A lot of people chase the ‘skill’ thinking that is all they need.” – Lanny Bassham

“Outcome will always follow process.” – Lanny Bassham

Mentions & Resources:

Listen to this episode:

Jump in!

Ep. 505: Daniel Crosby Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Daniel Crosby
Daniel Crosby

Subscribe to Trend Following Radio on iTunes

My guest today is Daniel Crosby, a psychologist, behavioral finance expert and asset manager who applies his study of market psychology to everything from financial product design to security selection. He is co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management and founder of Nocturne Capital. He is at the forefront of behavioralising finance. His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News.

The topic is his book The Laws of Wealth: Psychology and the Secret to Investing Success.

In this episode of Trend Following Radio we discuss:

  • Expert discretion
  • Efficient market theory
  • The eradication of guinea worms
  • Human ego
  • Warren Buffett and his trading strategy
  • Passive investing
  • Sigmund Freud’s impact on trading
  • Standard deviation as a proxy for risk
  • Matching “the benchmark”

“We tend to delegate the dangerous and own the advantageous.” – Daniel Crosby

“Trouble is opportunity.” – Daniel Crosby

Mentions & Resources:

Listen to this episode:

Jump in!