My guest today is Bryan Caplan, an American economist and professor of economics at George Mason University, research fellow at the Mercatus Center, adjunct scholar at the Cato Institute, and blogger for EconLog. He works in public choice theory. His books include The Myth of the Rational Voter and Selfish Reasons to Have More Kids. He has also written extensively on open borders and pacifism.
The topic is economics.
In this episode of Trend Following Radio we discuss:
Voting, rationality
Defining “rational irrationality”
What voting patterns in America might look like if the American stock market looked like the Japanese stock market
Economic growth in benevolent dictatorships vs. republics like the USA
The anti-poverty program in China
Caplan’s view on immigration and its effect on the economy
The case for more kids, and why Caplan was so passionate and so inspired as to put out a book on the subject
Why genetics matter more than the style in which you raise your kids
Thomas Piketty’s “Capital in the Twenty-First Century” and wealth and income inequality
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My guest today is Tom Basso, the trader most famously known as “Mr. Serenity” in Jack Schwager’s “New Market Wizards”. Basso, now retired from managing client money, was president and founder of Trendstat Capital Management. Basso became a registered investment advisor in 1980, a registered commodities advisor in 1984, and was elected to the board of the National Futures Association in 1998. Today, he is a private trader.
The topic is Trend Following.
In this episode of Trend Following Radio we discuss:
50% drop in oil and why trend followers have done especially well with this price movement
Why people like to blame speculators, and the value of speculation; emotional rushes and emotional devastation
Mentally rehearsing catastrophic events
Focusing 1,000 trades into the future
Separating your trading from your political opinion
Trend following and behavioral economics
The importance of not letting your trading define you
Basso’s advice to newcomers to the CTA industry
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My guest today is Mark Manson, an author and personal development consultant. Manson has worked with thousands of people from over 20 countries and his writing offers a different take on the self-help genre. Manson calls it “self help from a first person perspective”. He has sold over 15,000 copies of his book “Models: Attract Women Through Honesty” and almost 400,000 people read his site each month. He’s been published and quoted on CNN, Huffington Post, Business Insider, Yahoo! News, The Sydney Morning Herald and a variety of other publications. He is also the CEO and Founder of Infinity Squared Media LLC.
The topic is personal development.
In this episode of Trend Following Radio we discuss:
Why people are such ass—– on the internet
Internet communication vs. real world communication
Becoming desensitized to the internet
How Manson came to his entrepreneurial path and how he was inspired by “The 4-Hour Workweek”
Location independence and how travel has changed Manson
Consumerism in America
Having an excess of choice in your life
The type of business Manson has developed and why it’s been successful
Why certain approaches to dating aren’t emotionally healthy
Our bias against performers
Why Manson refers to himself as “self-help for people who don’t like self-help”
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Crude Oil Folly with Michael Covel on Trend Following Radio
Please enjoy my monologue Crude Oil Folly with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.
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Dear Michael, I’m a Dutch trader. In recent years I’ve developed a Trading System including different trend following strategies. Your books and podcasts have been a major influence during these years especially when it comes to the mindset that corresponds best with these kind of strategies. I enjoy the multidisciplinary approach that also becomes visible by the various voices on your podcasts. Again and again its a pleasant surprise to hear people strengthening the trend following paradigm coming from all kinds of backgrounds. Keep up the good work!
