Jul 18, 2016
Michael starts off explaining how Trend Following Radio has
morphed into the diverse podcast it is today. He started Trend
Following Radio in 2012. It originally was all about trading, but
with a Vernon Smith interview, then Gerd Gigerenzer and Dan Ariely
interviews, he realized he could take it in a different direction.
With those three interviews under the belt, he was able to secure
Daniel Kahneman on the podcast which he believes was the real
tipping point for the podcast.
For the rest of the episode Michael plays curated clips from the men mentioned above: Vernon Smith, Gerd Gigerenzer, Dan Ariely and Daniel Kahneman. He wraps up by playing a short clip from another brilliant mind in behavior finance, Nassim Taleb. The clips exemplify the spirit of behavioral finance. They range from helping people understand their behavior at a fundamental level to behavior in markets and what drives the average person to make particular risky moves in life and in their trading.
Michael finishes up talking about the enormous amount of misinformation in news and media. You need to do the reading and educate yourself. Absorb wisdom from the right people, do your homework and put in the work to get ahead. It will not just come intuitively or from “for profit” media outlets.
In this episode of Trend Following Radio: