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Tag: podcast

Ep. 235: Harry Markowitz Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Harry Markowitz
Harry Markowitz

My guest today is Harry Markowitz, the third Nobel Prize winner to appear on this podcast. Markowitz is an American economist who received the 1989 John von Neumann Theory Prize and the 1990 Nobel Memorial Prize in Economic Sciences. Markowitz is a professor of finance at the Rady School of Management at the University of California, San Diego.

The topic is modern finance.

In this episode of Trend Following Radio we discuss:

  • Justin Fox and “The Myth Of The Rational Market”
  • Markowitz’s beginnings, and the Nobel Prize
  • Markowitz’s 1952 paper
  • How Markowitz felt about some of his prescriptions and ideas being interpreted into dogma
  • Why Wall Street was not interested in Markowitz’s theories at one time
  • Diversification for the right reason
  • Markowitz’s new four-volume book
  • Advice on maintaining mental acuity at an advanced age and sounding like you’re 35 when you’re 86 years young
  • Markowitz’s attraction to the philosopher Hume
  • If it was fifty years later, if Markowitz would be a quant running a hedge fund today
  • Markowitz’s legacy
  • On being comfortable vs. being rich
  • The leveraged long-only hedge fund industry and being coaxed into putting your money into these institutions
  • Long Term Capital Management and portfolio theory

Listen to this episode:

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Brain Injury to Mathematical Genius; No Prediction!

Posted on by Michael Covel

Feedback:

Hi Mike, I just listened to a recent interview by the CBC with Jason Padgett. He had a traumatic brain injury which had the curious effect of making him a math savant, particularly regarding geometric patterns. The subject matter is interesting in and of itself and he just released a book about it. There’s a short passage in the interview at 12m35 where he mentions he was approached by a financial company in Toronto that wanted to hire him to analyze charts. His response will be right up your alley. He basically concluded that it’s not possible to “predict” future price action from chart patterns. Worthy of a sound bite or maybe even as a guest?

Keep up the great work!

Cheers,
Georges

Awesome. Thanks. I reached out to his publisher.

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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• Frequently Asked Questions
• Performance
• Research
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• Trading Technology
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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.

Trend Following Podcast Feedback from Down Under

Posted on by Michael Covel

Some podcast feedback:

Hi Michael, Just a quick email to congratulate you on a brilliant podcast. I’m a Financial Adviser and blogger in Australia and just love your insights and range of guests on the show. The mix of content you cover from investing to economics, psychology, marketing and entrepreneurship is amazing. My brain is buzzing with ideas every time I finish a podcast. Your presentation style makes for easy listening and you obviously do plenty of research on your guests. Keep up the great work and hopefully you make it to Australia some time soon!

Regards,

Wally [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.

Ep. 234: Ryan Holiday Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Ryan Holiday
Ryan Holiday

My guest today is Ryan Holiday, director of marketing for American Apparel; media strategist for Tucker Max, Dov Charney, and others.

The topic is his book The Obstacle Is the Way: The Timeless Art of Turning Trials into Triumph.

In this episode of Trend Following Radio we discuss:

  • Marcus Aurelius’ philosophy and stoicism, and why it has such a hold on Holiday
  • Distraction
  • Why the impediment to action actually advances action
  • The unpredictability of the world, and how we react to the world
  • George Clooney, and his start as an actor related to the obstacles we all face
  • Steve Jobs’ reality distortion field
  • What drives Holiday today
  • How will is the ultimate trump card
  • The two definitions of will
  • Alabama Crimson Tide coach Nick Saban and his approach to the moment of now
  • Feeling great about the fight, the adversity, and the challenge
  • How the process is intrinsically valuable

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Ep. 232: Tucker Max Interview with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Tucker Max
Tucker Max

My guest today is Tucker Max, an American author and public speaker. He chronicles his drinking and sexual encounters in the form of short stories on his website TuckerMax.com, which has received millions of visitors since Max launched it as the result of a bet in 2000.

In this episode of Trend Following Radio we discuss:

  • Covel and Max talk about their first meeting, and Max’s brutally honest advice to Covel
  • Diet and nutrition
  • The NCAA, college athletics, exploitation, the media, and having to ‘beat’ the system
  • Marginal cost and marginal product
  • Entrepreneurial thinking and Max’s early career
  • Max’s experience in marketing
  • Protecting your independence
  • Christopher Hitchens
  • Facing rejection in publishing, and how rejection is part of success
  • How success only teaches you to repeat what you did before, and failure forces you to think
  • What drives Max today
  • How the landscape has changed in regards to authors
  • The fight for authority and trust in the publishing world
  • What motivates Tucker Max today–the quality of relationships you have with other people, and what you do that matters to others

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Rough Patches… Just Part of the Game

Posted on by Michael Covel

Dry spells and rough patches are all part of this trend game. Sometimes it can feel like you are all alone in your drawdowns. It’s always good to be reminded that many, many people have been there before and made it out on the other end. Consider some feedback:

Nice podcast with Mark Minervini and was pleasantly surprised. Did not know what to expect as I don’t know much about [him]. You guys both brought home some really good points. Points that especially were practical and informative. The nice thing with the podcast is that at times you might be going through something in your trading and one of your guests makes a remark or reference and you have one of these eye opening moments. I guess in my own little way I feel a sense of validation!

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. 231: Two Centuries of Trend Following with Michael Covel on Trend Following Radio

Posted on by Michael Covel
Two Centuries of Trend Following with Michael Covel on Trend Following Radio
Two Centuries of Trend Following with Michael Covel on Trend Following Radio

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

Listen to this episode:

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