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Ep. 34: Gil Morales Interview with Michael Covel on Trend Following Radio

Ep. 34: Gil Morales Interview with Michael Covel on Trend Following Radio

FromMichael Covel's Trend Following


Ep. 34: Gil Morales Interview with Michael Covel on Trend Following Radio

FromMichael Covel's Trend Following

ratings:
Length:
47 minutes
Released:
Jul 14, 2012
Format:
Podcast episode

Description

Michael Covel talks to trader and author Gil Morales. Morales got started in the early 90s, became a broker with Merrill Lynch in Beverly Hills, and moved on to work as a portfolio manager and ultimately chief market strategist at William O'Neil's firm (of IBD and CANSLIM fame). Morales eventually moved onto his own investment advisory firm with with Chris Kacher. His book with Kacher is called "Trade Like an O'Neil Disciple: How We Made 18,000% in the Stock Market". Covel compares Morales' trend trading style to his via a comparison of going to Tokyo the first couple of times: It's a parallel world - everything is different, but they're ultimately trying to achieve the same thing. Covel also gets into some of Morales' unexpected beginnings. Morales actually started as a cartoonist, and discusses his early influences during this phase of his career. He also relates some interesting stories working at the Beverly Hills branch of Merrill Lynch. Covel and Morales go into a broad overview of William O'Neil's strategies, which ultimately provide the stepping stone for Morales' strategies today. Covel and Morales discuss how "you can't kiss all the babies", and how you have to keep from getting distracted with too many potential investments. Further topics include how O'Neil's system is trend following at its core; fibonacci sequences, the moment of "now"; getting away from the rationale and the narrative of the trend; and why losers average losers. Special Offer: receive free DVD delivered to your home or office: www.trendfollowing.com/win.
Released:
Jul 14, 2012
Format:
Podcast episode

Titles in the series (100)

Bestselling author Michael Covel is the host of Trend Following Radio with 9.5+ million listens. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trading -- all passionately explored and debated. Guests include Nobel Prize winners: Robert Aumann, Angus Deaton, Daniel Kahneman, Oliver Hart, Harry Markowitz & Vernon Smith. More guests: Jack Canfield, Howard Marks, James Altucher, Dan Ariely, Jean-Philippe Bouchaud, Kathleen Eisenhardt, Marc Faber, Tim Ferriss, Jason Fried, Gerd Gigerenzer, Larry Hite, Sally Hogshead, Ryan Holiday, Jack Horner, Ewan Kirk, Steven Kotler, Michael Mauboussin, Tucker Max, Barry Ritholtz, Jim Rogers, Jack Schwager, Ed Seykota, Philip Tetlock & Walter Williams. 900+ episodes.