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Ep. 327: Susan Polgar Interview with Michael Covel on Trend Following Radio

Susan Polgar
Susan Polgar

My guests today are Susan Polgar and Douglas Goldstein.

Susan Polgar, American chess grandmaster, and Douglas Goldstein, Certified Financial Planner, had the unique idea of looking at chess and applying the wisdom to investing.

The topic is their book Rich As A King: How the Wisdom of Chess Can Make You a Grandmaster of Investing.

In this episode of Trend Following Radio we discuss:

  • Polgar’s early history as a four-year-old chess playing prodigy, and the trouble some older males had in accepting her; nurture vs. nature; the connection between the Turtle story and chess; the skills that chess provides outside of just playing the game; the importance of keeping your emotions in check; process vs. outcome; and thinking through the possibilities from a chess perspective.
  • Douglas Goldstein, Covel discusses how the idea came about to combine finance with chess in a book; tactics vs. strategy; and pattern recognition

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“David Stockman Everyone Should Hear It”

Feedback in:

Really enjoyed your interview with David Stockman. EVERYONE should hear it.

What struck you about David’s episode in particular?

What struck me: an entirely believable and rational explanation for world events that followed the slaughter of WW1. I have not read his book, but have now ordered it and look forward to hearing his take on the causes of that horrible and horribly unnecessary conflagration (WW1). I believe it was bankers that were at the root of it, as I believe they have been at the root of all wars since. A horrible, horrible bunch of psychopaths.

And the method by which bankers wreak their havoc is through fiat money, its issuance and their control of interest rates. They have to keep the world ignorant of this, which they do by control of the media and what is taught at universities (this they achieve by financing university chairs and appointing people that will not teach what is really going on in the world of finance).

Hopefully the major events presently taking place will lead to profound changes. In the meantime we rely on brave and honest people like you and David Stockman to do your profoundly important work of educating the ignorant.

Very best wishes,
[Name]

Thanks.


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Trend Following from Quebec

Feedback in:

Let me just thank you from the bottom of my heart for making all this information available to the public. I’m a fairly young guy from a French speaking weird part of this world called Quebec. Money here is seen very negatively and for a youngster to breakout and reach for trading success is quite unusual. Thanks to you I was able to wrap my arms around trend following at a very young age. Everything I did after reading your books was done in a way to connect more and more with trend following. My entire mind is now being reprogrammed slowly with time and effort. Not only have I read everything available on the subject but I also made it mine by taking time to understand it…I mean understand. It’s been 3 years now and I think it’s time for me to give grace to those who showed a path worth the taking. You, Van Tharp, Ed Seykota, Charles Faulkner, Tom Basso and many others have carved my mind with your writings.

Thank you
[Name]
31 years old, Canada

You are welcome.


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.

Starting Point: Trend Following Suggestions

Feedback in:

Hello Michael! Honestly thank you so much for this opportunity, unfortunately I am 21 and do not have enough money to take you up on this offer. I will most definitely get both of your books. Your podcasts usually get me to laugh! You are a true bad ass as well. If you could suggest any books to me (the more the better) that I can also read to start my mastery of being a trader I would appreciate that. Thanks in advance.

Sincerly,
[Name]

Go: 1, 2, 3, 4.

That list should keep you busy.


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. 326: Kabir Sehgal Interview with Michael Covel on Trend Following Radio

Kabir Sehgal
Kabir Sehgal

My guest today is Kabir Sehgal, a New York Times bestselling author and Grammy Award-winning producer. He is currently a vice president at JPMorgan Chase. Sehgal’s new book, Coined: The Rich Life of Money and How Its History Has Shaped Us, caught Covel’s eye. This is a subject layered in complexity and depth. Just about everything that goes on in our lives is decided by money and Sehgal digs into its story on a micro level.

The topic is his book Coined: The Rich Life of Money and How Its History Has Shaped Us.

In this episode of Trend Following Radio we discuss:

  • Sehgal’s history
  • Sehgal’s experience winning a Grammy for production and the idea of “no boxes”
  • Why Sehgal sees his life like a jazz composition
  • Defining money as a symbol of value
  • The neurological effects and artistic aspects of money
  • The currency of the natural world
  • Whether Sehgal sees “money as the root of all evil”
  • The idea of charity
  • The politics of money
  • The internationalization of currency
  • Hyperinflation
  • Gold, and Sehgal’s experience going to the basement of the New York Fed
  • Digital money and bitcoin

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Ep. 325: Trend Following Attitude with Michael Covel on Trend Following Radio

Trend Following Attitude with Michael Covel on Trend Following Radio
Trend Following Attitude with Michael Covel on Trend Following Radio

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

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Trend Following Feedback

Feedback in:

Dear Mr. Covel,

I have really enjoyed reading two of your books, Trend Following and The Complete TurtleTrader, over the 19 years that I have been involved in the markets and recently started listening to your podcasts. I am in the process of relocating to Singapore and it was from one of these podcasts that I learned you are currently there. Unfortunately, I am not there next week to attend the Bloomberg/MTA Singapore ‘Systematic Trading for Investment Professionals’ seminar, but would really appreciate an opportunity to meet with you and ask a few questions.

I first started in the markets in 1996 on LIFFE and relocated to Australia in 2002 where I was a futures broker for a couple of years [we used to execute (Turtle) Elizabeth Cheval’s EMC orders] and then I became a prop trader in 2005. I am now working for a company called [name] assisting one of the senior portfolio managers but am really keen to explore and learn more about trend trading, as from experience, I can see the benefits & upside of having predetermined entry and exit points based on price action.

Kind Regards,
Chris [Name]

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.