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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.

Praise:

“Your questions were excellent questions. I enjoyed this very much.”

--Vernon Smith, Nobel Prize in Economics

“You’ve surrounded yourself with one of the most advanced group of mentors possible…The people on your podcasts, and people in your life, all are people with strong opinions, all people that make you think and make you grow. You just have some kind of an affinity for people like that, and that’s part of what makes you good at what you do.”

--Ed Seykota

“Michael Covel’s podcast has had over [9.5] million listeners and he’s completed [900+] episodes. He’s probably the most established podcaster on this list—and it shows. Mr. Covel’s podcast is great for those looking for alternative views on the market, those who are tired of hearing the same old stories told on CBNC and other traditional outlets. This is highly recommended if you are looking to expand your mind in investing. Mr. Covel has had some incredible guests, to include multiple Nobel Prize winners and world-famous investors. One of my favorite episodes was when Mr. Covel interviewed Annie Duke, a former professional poker player who has some incredible insights on decision making. Mr. Covel always has me thinking and Annie Duke only amplified my brain-wave activity.”

--Wall Street Journal

Jul 28, 2017

Tyler Cowen is author of “The Complacent Class: The Self-Defeating Quest for the American Dream.” Tyler first noticed a problem in America when he began traveling after the financial crisis and saw how “comfortable” life had become for many Americans. People were not taking risks anymore and when risk is taken away, what is left?

There is no way to deliver upward mobility in a society once risk taking, innovation and a sense of urgency has diminished. Americans seemingly have lost the ability to envision a future different than the reality in front of them. Innovation is suffering, travel is disappearing, and people are changing jobs much less than ever before. Tyler describes this shift in mentality as people losing their sense of restlessness and change. There is no feeling of opportunity costs.

Why is this happening? How can American’s not imagine something better? American lives have become safe and comfortable — risk is the only factor that can help transition Americans away from their own complacency. Unfortunately, it won’t happen with people pushing for it, it will have to hit them. We are investing less in science, have obvious issues with cyber vulnerability and infrastructure is not advancing. American culture is lacking and nothing is getting better. Why have people stopped creating? Will there be a great reset in government and on Wall Street? These questions and more are answered throughout the podcast.

In this episode of Trend Following Radio:

  • Complacency
  • Elon Musk
  • Innovators
  • The millennial generation
  • Democracy as a medium
  • American culture on the decline
  • Illegal and legal drug use
  • Online matching from dating to shopping goods
  • Lifting people out of poverty
  • Jack Ma