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Category: Podcasts

Ep. 136: Money, Money, Money with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Money, Money, Money with Michael Covel on Trend Following Radio
Money, Money, Money with Michael Covel on Trend Following Radio

Please enjoy my monologue Money, Money, Money with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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

Ep. 134: Brendan Moynihan Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Brendan Moynihan
Brendan Moynihan

My guest today is Brendan Moynihan, an editor-at-large for Bloomberg News, where he manages the popular column Chart of the Day and writes about the economy and Wall Street. He has been with the company since 2007 after spending more than twenty years on Wall Street as a trader and risk manager.

The topic is his book What I Learned Losing a Million Dollars.

In this episode of Trend Following Radio we discuss:

  • How Moynihan’s background, the background of his subject, Jim Paul, and how the two came together in “What I Learned Losing a Million Dollars”
  • The psychology of loss and what we can learn from losing
  • The idea that you “just have to make the money” and why that can be a bad place to start as a motivator
  • Personalizing loss
  • Paul’s interactions with Rich Dennis
  • Studying the contradictions of great traders, and how loss is the only topic they agree on
  • Controlling how much you can lose
  • Staying the course and the importance of not changing your strategy mid-stream
  • Profit motive vs. prophet motive
  • The difference between investors, traders, speculators, bettors, and gamblers
  • The slippery slope of always wanting to be “right”
  • The five stages of internal loss
  • The danger of personalizing your success
  • The difference between discrete events vs. continuous events
  • The “uncle” point
  • Why it’s important to go broke at least once in your life
  • The difference between emotions and emotionalism

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Ep. 132: Emotional Rescue with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Emotional Rescue with Michael Covel on Trend Following Radio
Emotional Rescue with Michael Covel on Trend Following Radio

Please enjoy my monologue Emotional Rescue with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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

Ep. 131: Predictions, Dreams, Fantasies with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Predictions, Dreams, Fantasies with Michael Covel on Trend Following Radio
Predictions, Dreams, Fantasies with Michael Covel on Trend Following Radio

Please enjoy my monologue Predictions, Dreams, Fantasies with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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

Ep. 129: Skepticism and Agnosticism with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Skepticism and Agnosticism with Michael Covel on Trend Following Radio
Skepticism and Agnosticism with Michael Covel on Trend Following Radio

Please enjoy my monologue Skepticism & Agnosticism with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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

Ep. 126: James Altucher Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
James Altucher
James Altucher

My guest today is James Altucher, an American hedge-fund manager, author, podcaster, and entrepreneur who has founded and cofounded over 20 companies. He has published 20 books and is a contributor to publications including The Financial Times, The Wall Street Journal, TechCrunch, and The Huffington Post.

The topic is his book Choose Yourself!

In this episode of Trend Following Radio we discuss:

  • The new book and why all the rules we thought of as normal (“The banks will always finance my house”, “The stock market will always go up”, “The big corporations will always hire me”, “If I have a college degree, there will always be a job for me”) are imaginary
  • Why a good trader trades their own self first, and the importance of choosing yourself and making a consistent inner life
  • The need to become an entrepreneur and artist in today’s climate, and why you might be looking down the barrel of a career in temp staffing if you don’t
  • The collapse of the middle class and 9-5 “jobs” as we know them
  • The importance of doing the un-obvious
  • Why you’re only as valuable as your network
  • The need to exercise your idea muscle
  • Sunk costs and opportunity costs
  • Breaking the cycle of consumerism, buying memories and not buying objects
  • Commitment bias
  • Finding a career at 27, Stan Lee of Marvel Comics, endurance, and the importance of doing something for yourself today
  • David Gilmour of Fiji Water and the benefits of adventure
  • Medication, lifestyle choices, and the necessity of good sleep hygiene
  • The need to be an artist where your life is the canvas

Listen to this episode:

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Ep. 124: Variability is the Norm with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Variability is the Norm with Michael Covel on Trend Following Radio
Variability is the Norm with Michael Covel on Trend Following Radio

Please enjoy my monologue Variability Is The Norm with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

Listen to this episode:

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