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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

May 28, 2013

Michael Covel goes straight for the jugular of organized education on today's podcast. Organized education is broken and the typical university experience is a fraud. Tenured professors make a ton of money, and students are stuck with hundreds of thousands of dollars of debt. The whole situation is vicious, and a student's best hope for a steady job after school is to serve lattes. Millions of people think that if they go and sit through classes at a university for four years, listen to professors who have never made an entrepreneurial dime in their life, that they'll be in a better position to make money. Covel discusses an essay found on oftwominds.com (http://www.oftwominds.com/blogmay13/genX5-13.html) about one specific generation of college graduates. People don't want to talk about this, but the moment the US stock market takes a prolonged dip, that's when the dam will break. Are there alternatives? Yes. With access to the internet, we're in a better place than ever before to educate ourselves. Covel further illustrates his view with excerpts: The first is from entrepreneur David Gilmour, who started Fiji water, extolling the virtues of travel. Next, Covel plays a clip of a TED talk from Ken Robinson, who talks about the connection between education and curiosity--which is the true engine of learning--and the difference between education and learning. Covel notes that it's not about following the rules; it's not about doing what you're told. Automation is eliminating so many blue and white-collar jobs so quickly, there's no hanging on anymore. So where does that leave the college student? The final excerpt comes from Angela Lee Duckworth, who talks about what she thinks the real key to success is: grit. Passion and perseverance for long-term goals; stamina. Sticking with your future, day in, day out. Not just for the week or for the month, but for the rest of your life. Duckworth says that those with grit look at life like a marathon and not a sprint. Covel notes that the idea of grit works perfectly with trend following: it's a marathon. There are ups and downs, but over the long haul trend following grit delivers a healthy mind as well as a healthy wallet. Free trend following DVD? Go to trendfollowing.com/win.