25 min listen
Ep. 351: Logical Fallacies and Zero Sum with Michael Covel on Trend Following Radio
Ep. 351: Logical Fallacies and Zero Sum with Michael Covel on Trend Following Radio
ratings:
Length:
24 minutes
Released:
Jun 5, 2015
Format:
Podcast episode
Description
Michael Covel offers a reminder of how to think and act when responding to certain types of questioning and the translation to markets. Covel can think of no more perfect example than the “greed” exchange between Milton Friedman and Phil Donahue. Covel discusses Milton Friedman more and brings and expands the discussion into the general take-down of bullshit. Covel also discusses the importance of 'losers' (see: zero sum) in the market and why people acting irrationally offers perpetual opportunities for trend following traders. Next, a personal anecdote regarding a pre-interview for a podcast, Maria Bartiromo, and the fundamental question: “Why will trend following continue to excel?” Finally, Covel moves onto a healthy bit of advice in risk management for your trading. Want a free trend following DVD? Go to trendfollowing.com/win.
Released:
Jun 5, 2015
Format:
Podcast episode
Titles in the series (100)
Ep. 9: Michael Covel on Trend Following Radio: Michael Covel monologue. by Michael Covel's Trend Following