Trend Following With Michael Covel

A hidden set of rules governs who owns what–explaining everything from whether you can recline your airplane seat to why HBO lets you borrow a password illegally–and in this lively and entertaining guide, two acclaimed law professors reveal how things become “mine.” “Mine” is one of the first words babies learn. By the time we grow up, the idea of ownership seems natural, whether buying a cup of coffee or a house. But who controls the space behind your airplane seat: you reclining or the squished laptop user behind? Why is plagiarism wrong, but it’s okay to knock-off a recipe or a dress design? And after a snowstorm, why does a chair in the street hold your parking space in Chicago, but in New York you lose the space and the chair? My guest today James Salzman explains these puzzles and many more. Surprisingly, there are just six simple stories that everyone uses to claim everything. Owners choose the story that steers us to do what they want. But we can always pick a different story. This is true not just fo

Purpose, Audacity and Sleep with Michael Covel on Trend Following Radio.

No one makes it alone. But there’s a reason some people can get investors or bosses to believe in them while others cannot. And that reason has little to do with experience, pedigree, or a polished business plan. Backable people seem to have a hidden quality that inspires others to take action. We often chalk this up to natural talent or charisma…either you have “it” or you don’t. After getting rejected by every investor he pitched, Suneel Gupta had a burning question: Could “it” be learned? Drawing lessons from hundreds of the world’s biggest thinkers, Gupta discovered how to pitch new ideas in a way that has raised millions of dollars, influenced large-scale change inside massive corporations, and even convinced his eight-year-old daughter to clean her room. Inside Backable are long-held secrets from producers of Oscar-winning films, members of Congress, military leaders, culinary stars, venture capitalists, founders of unicorn-status startups, and executives at iconic companies like Lego, Method, and Pixar

Parabolic Up with Michael Covel on Trend Following Radio.

I get the chance to understand how Amazon ticks? I’ll take it. Bill Carr reveals and codifies the principles and practices that drive the success of one of the most extraordinary companies the world has ever known. With twenty-seven years of Amazon experience between Bill and his co-author, much of it in the early aughts―a period of unmatched innovation that brought products and services including Kindle, Amazon Prime, Amazon Studios, and Amazon Web Services to life―Bill offers unprecedented access to the Amazon way as it was refined, articulated, and proven to be repeatable, scalable, and adaptable. Bill illuminates in his new book Working Backwards how Amazon’s fourteen leadership principles inform decision-making at all levels and reveal how the company’s culture has been defined by four characteristics: customer obsession, long-term thinking, eagerness to invent, and operational excellence. Carr explain the set of ground-level practices that ensure these are translated into action and flow through all asp

GameStop with Michael Covel on Trend Following Radio. The mania explained.

Value investor Vitaliy Katsenelson loves his Tesla Model 3, but does he love the stock? In this analysis, Vitaliy takes a thorough look at the effect of EVs on the auto industry, Tesla’s role in it, the man behind it all, and tries to answer the question of whether this is a stock a value investor should invest in. Issues: Why EVs are not just a new type of car, but a paradigm shift for the industry How Elon’s dreams finance Tesla’s growth, but the company’s future success might not be in his hands Why the survival of ICE auto makers may not be as certain as it seems Tesla’s Autopilot: Elon’s wishful thinking of Tesla’s greatest advantage? How EV range anxiety will give way to a new gold rush Bulls vs bears on Tesla: who has it right? Bio: A respected value investor, Vitaliy was dubbed “The New Benjamin Graham” by Forbes. He shares his often contrarian views on investing in Barron’s, Financial Times, Forbes, Christian Science Monitor and other premier financial publications. He has published “The Little Boo

Trend Following Perspectives you must have with Michael Covel on Trend Following Radio.

Everyone says write your book yourself. Could that be a mistake? You know your ideas inside and out, and you have a distinct voice that makes your audience drop everything to read, watch, and listen. So why is it so hard to get that book out of your head onto the page? You have no problem churning out content to grow your tribe—blogs, newsletters, emails, videos, social media updates. But when you sit down and type “Chapter 1,” you (somehow) don’t know what to say. You want to say everything…but that page is still blank two hours later. Yet whenever you tell someone about your book idea, everything flows. The person says, “Wow. When’s your book coming out again?” “It’s actually not done yet,” you respond, wishing they hadn’t asked. What’s the problem here? If you’re like most of Joshua Lisec clients, you know so much about your topic that you don’t know where to start, what to put where, and how to tie it all together into something people actually want to buy. Book publishing is worth $120 BILLION globally.

Bestselling author and peak performance expert Steven Kotler decodes the secrets of those elite performers—athletes, artists, scientists, CEOs and more—who have changed our definition of the possible, teaching us how we too can stretch far beyond our capabilities, making impossible dreams much more attainable for all of us. What does it take to accomplish the impossible? What does it take to shatter our limitations, exceed our expectations, and turn our biggest dreams into our most recent achievements? We are capable of so much more than we know—that’s the message at the core of The Art of Impossible. Building upon cutting-edge neuroscience and over twenty years of research, bestselling author, peak performance expert and Executive Director of the Flow Research Collective, Steven Kotler lays out a blueprint for extreme performance improvement. Bio: Steven Kotler is a New York Times bestselling author, an award-winning journalist and the Executive Director of the Flow Research Collective. He is one of the worl

You try to reserve a conference room for a crucial client meeting via your company’s new-and-improved computer service, only to find that every conference room is booked–seemingly forever. Your weekly conference call is hijacked by video screens freezing, cords not working, and employees dropping in and out. You then sit through an endless Power Point presentation that everyone claims they’ve read, no one has, and that could have been summarized in one page. What has happened to common sense? And how can we get it back? Companies, it seems, have become so entangled in their own internal issues, and further beset by reams of invisible red tape, that they’ve lost sight of their core purpose. Inevitably, they pay the price. Best-selling author Martin Lindstrom combines numerous real‑life examples of corporate common sense gone wrong with his own ingenious plan for restoring logic—and sanity—to the companies and people that need it most. A must-read for today’s executives, managers, and office workers, The Minist

The Brad Rotter crypto call was big. Now what?

I never know where my podcast will lead and today it leads to my first professional wrestler Diamond Dallas Page. Hall of Fame professional wrestler Diamond Dallas Page. After decades of helping others make radical transformations in health and fitness, Diamond Dallas knows what is really holding people back from profound life change. He has watched countless people take ownership of their lives, physically, mentally, and emotionally—and he has witnessed, time and again, the precise instant when a real and massive shift occurs in a person’s attitude. He brings his understanding of what really moves people to change and own their lives in a very direct way. It begins when we discover what we really want, and then commit to follow the steps that will turn that goal into a reality. Regardless of where we are at in our lives, it’s possible to have a breakthrough. Bio: Dallas Page, better known by his ring name Diamond Dallas Page (DDP), is an American semi-retired professional wrestler, fitness instructor, motiva

Trends, Psych and Felonies. Three blasts from the past with trend follower Harold de Boer, behavioral pro Daniel Crosby and defense attorney Harvey Silverglate.

We hear it from politicians, the media, and just about everyone else: “We need more good jobs!” And yet nobody is telling us how to create good jobs. After successfully starting and growing a multibillion-dollar company in Silicon Valley, Martin Babinec returned to his home in Upstate New York where he then realized there were a number of forces at play in Silicon Valley-forces he hadn’t appreciated-that had helped him succeed as an entrepreneur. Since then, he’s been on a journey to understand the importance of community dynamics in the creation of new businesses. He’s found a growing divergence between magnet cities-brimming with talent and new businesses-and talent exporting cities-where bright young minds leave in search of better opportunities. Martin has a playbook for turning your community into a magnet city, helping local entrepreneurs to start and grow companies and, in doing so, creating more good jobs for everyone in our communities. Bio: Martin Babinec founded Silicon Valley based TriNet in 1988,

Reach down and grab hold... here comes 2021! An entrepreneurial reminder to go kick ***.

A classic trading conversation today with Richard Smith covers both trend following and cycles. Trend following and cycles go together? Some will say yes and some will say no. And that’s exactly the purpose of this podcast — raise awareness and raise debate. Bio: Richard Smith studied mathematics at University of California, Berkeley and then earned his PhD in Systems Science from the Watson School of Engineering at SUNY Binghamton under the late Professor George Klir. Over the last decade, he has researched and developed algorithms and services that provide investors with tools to develop a systematic approach to investing.

A crazy damn year requires a trend following overdose with Seykota, Hite and Parker. Merry Christmas!

Too many entrepreneurs push off planning for the sale of their business until the last moment. But for a business to sell for what it’s really worth — or even more — owners need to prepare for the sale from the very start. Mergers and acquisitions authority Michelle Seiler Tucker joins forces with Sharon Lechter, finance expert and author of Rich Dad Poor Dad, to create a must-have guide for all business owners whether they’re gearing up to sell a business now or just getting started building out their company into something to sell for a profit in the future. Seiler Tucker’s twofold approach to selling a business for maximum profit combines two of the most powerful elements of her mergers and acquisitions toolkit: an exit model to help business owners set goals for the sale before their business hit the market, and a model to help them objectively evaluate their business’s worth, before their potential buyers do. Combined, these tools provide invaluable insight into the process of preparing a business for sa

Motivate Me with Michael Covel on Trend Following Radio. Three classic monologues to wake you up.