69 min listen
Ep. 670: Three Times Out of Ten Beats Millennial Madness with Michael Covel on Trend Following Radio
Ep. 670: Three Times Out of Ten Beats Millennial Madness with Michael Covel on Trend Following Radio
ratings:
Length:
19 minutes
Released:
Jun 25, 2018
Format:
Podcast episode
Description
53% of Millennials expect to become a millionaire at some point in their life. That is a lot of optimism without a lot of math. Building off that survey Michael quotes some research from a man named Ned Davis titled “Was I too Correct for My Own Good.” Ned is more pessimistic than the Millennials. He see’s the present economy as an uphill battle for making money rather than Millennials who think the money will just fall from the tree’s. If you can stand outside the crowd and accept the notion of failure you have a great opportunity to succeed over the course of a lifetime. Imagining you are going to make a million dollars without a process is obtuse. Have a good process and stick with it. Michael ends with wisdom from “The Wisdom of Insecurity: A Message for an Age of Anxiety” by Alan Watts.
Released:
Jun 25, 2018
Format:
Podcast episode
Titles in the series (100)
Ep. 5: Nick Radge Interview with Michael Covel on Trend Following Radio: Michael talks to Nick Radge (www.thechartist.com.au) author of the new book, "Unholy Grails". Nick has been trading and investing since 1985. During this time Nick has worked for numerous international investment banks and spent time on the trading... by Michael Covel's Trend Following