66 min listen
Ep. 202: Barry Schwartz Interview with Michael Covel on Trend Following Radio
Ep. 202: Barry Schwartz Interview with Michael Covel on Trend Following Radio
ratings:
Length:
44 minutes
Released:
Jan 21, 2014
Format:
Podcast episode
Description
Michael Covel talks with Barry Schwartz, an American psychologist and author. He is a professor of Social Theory and Social Action at Swarthmore College with books such as “The Paradox of Choice: Why More is Less” and “Practical Wisdom”. Schwartz’s psychological work is right there at the foundation of why any trader or investor will have success (its the foundation of any success for that matter). Covel and Schwartz discuss choice and practical wisdom; choice in selecting a mutual fund, and how Schwartz has seen that unfold in corporations; the paradox of options; having too much choice; democracy and choice; the idea that decision-making has shifted from the expert to the individual; why prescription drugs are marketed to people who can’t buy them outright; if choice drives clinical depression; expectations; the idea of practical wisdom; judgment and discretion in the workplace; wisdom and the education system; having a “script” from your employer that prevents you from thinking outside of the box; the importance of working with like-minded people; and how things have changed since the 2008 financial crisis. Want a free trend following DVD? Go to www.trendfollowing.com/win.
Released:
Jan 21, 2014
Format:
Podcast episode
Titles in the series (100)
Ep. 18: Jack Schwager Interview with Michael Covel on Trend Following Radio: Michael Covel talks to writer and trader Jack Schwager, author of the Market Wizards series. Schwager's new book, Hedge Fund Market Wizards, is now out. Covel and Schwager discuss some of the commonalities between the many traders Schwager has... by Michael Covel's Trend Following