Trend Following With Michael Covel

How to find clarity amid the turbulence of work and life? We all wish we had more time to pause and reflect about small decisions and big goals—and everything in between. But since we live and work in a vortex of tasks, meetings, decisions, and responsibilities, we rarely get the chance to step back. Harvard Business School professor Joseph Badaracco argues that you don’t need long periods of solitude and tranquility to reflect well. In fact, reflection can take place in the cracks and crevices of your very busy life, and these moments can help you understand your feelings, look at problems from different perspectives, focus on what really matters, and, ultimately, lead a better life. Building on candid interviews with over a hundred executives and professionals, as well as on the classic works of Marcus Aurelius, Michel de Montaigne, and Ignatius of Loyola, Badaracco offers simple, customizable principles and ideas for reflection that lend a gentle discipline to an otherwise nebulous process. Bio: Joseph L.

A Trend Following Firehose with Michael Covel on Trend Following Radio.

In 1965, the U.S. government helped the Indonesian military kill approximately one million innocent civilians. This was one of the most important turning points of the twentieth century, eliminating the largest communist party outside China and the Soviet Union and inspiring copycat terror programs in faraway countries like Brazil and Chile. But these events remain widely overlooked, precisely because the CIA’s secret interventions were so successful. In this bold and comprehensive new history, Vincent Bevins builds on his incisive reporting for the Washington Post, using recently declassified documents, archival research, and eye-witness testimony collected across twelve countries to reveal a shocking legacy that spans the globe. For decades, it’s been believed that parts of the developing world passed peacefully into the U.S.-led capitalist system. The Jakarta Method demonstrates that the brutal extermination of unarmed leftists was a fundamental part of Washington’s final triumph in the Cold War. Bio: Vinc

The Island Visit with Michael Covel on Trend Following Radio.

Jenny Kellams is Director, Investment Strategy at Dunn Capital Management. She is primarily responsible for the marketing and distribution of DUNN strategies to family offices and financial advisors. Jenny and I discuss all that is Dunn Capital — including how she arrived to the firm. Inspirational! Background: DUNN Capital was founded by William A. Dunn, PhD in 1974. Bill was a pioneer in applying quantitative techniques to financial markets and developing rules-based portfolio management. He was in uncharted territory at the time, breaking new ground in choosing to be strictly data-driven in his decision making and eliminating all subjectivity and emotion. DUNN Capital has been led since 2007 by Martin Bergin, Bill’s long-time protégé and the President and Owner of the firm. Since taking the reins, Marty has reinvigorated the firm’s focus on research and technology and has cultivated a culture of continual improvement. Today, DUNN manages over $1B in client assets worldwide. The firm remains committed to it

Two Great Traders with Michael Covel on Trend Following Radio.

To stand out, to attract the attention of those who can raise your profile, to protect yourself during lean times, or to gain the interest of future employers, you must harness three critical communication traits that human beings respond to most: AWE: A―Authority. W―Warmth. E―Energy. When all else is equal―education, work ethic, intelligence, experience, ambition―the single biggest factor in winning business, promotions, friendships, or followers hinges on our ability to communicate and connect. Mastering AWE gives you an unparalleled advantage over the competition, no matter your field. Steve Herz, who has represented and coached dozens of sports, media, and entertainment leaders over the course of nearly three decades, delivers a step-by-step program that helps you understand and hone your AWE skills. Packed with inspiring success stories, grounded in the latest social psychology and scientific research, and featuring “insider” anecdotes from some of the most popular entrepreneurs and professionals in broa

It's How Good You Want To Be with Michael Covel on Trend Following Radio.

This is another one of those great conversations that makes me realize how much trend following is woven into society — even if it’s not called that. The Three Box Solution mindset/plan is the outcome of 35 years of research, teaching, writing, and consulting. It is well-understood that creating a new business and optimizing an already existing one are two fundamentally different management challenges. The real problem for leaders is doing both, simultaneously. How do you meet the performance requirements of the current business—one that is still thriving—while dramatically reinventing it? How do you foresee a change in your current model before a crisis forces you to abandon it? The three boxes: Box 1: The present—Strengthen the core Box 2: The past— Let go of the practices that fuel the core business but fail the new one Box 3: The future—Invent a new business model The “three box” framework makes leading innovation easier because it gives leaders a simple vocabulary and set of tools for managing and measur

The Opportunity Cost with Michael Covel on Trend Following Radio.

Keith Ferrazzi and I dive into his new book Leading Without Authority. Keith aims to redefines collaboration with a radical new workplace operating system in which leadership no longer demands an office, an official title, or even a physical workplace. In times of stress, we have a choice: we can retreat further into our isolated silos, or we can commit to “going higher together”. When external pressures are mounting, and employees are working from far-flung locations across the globe, we can no longer afford to waste time navigating the complex chains of command or bureaucratic bottlenecks present in most companies. But when we choose the bold new methodology of co-elevation as our operating model, we unlock the potential to boost productivity, deepen commitment and engagement, and create a level of trust, mutual accountability, and purpose that exceeds what could have been accomplished under the status quo. And you don’t need any formal authority to do it. You simply have to marshal a commitment to a shared

A best of combo episode today: Andrew Lo and Jon Gordon. Enjoy! Bio: Andrew W. Lo is the Charles E. and Susan T. Harris Professor at the MIT Sloan School of Management and director of the MIT Laboratory for Financial Engineering. He is the author of Hedge Funds and the coauthor of A Non-Random Walk Down Wall Street and The Econometrics of Financial Markets (all Princeton).

Rana el Kaliouby is an Egyptian-American computer scientist and entrepreneur in the field of expression recognition research and technology development, which is a subset of facial recognition designed to identify the emotions expressed by the face. El Kaliouby’s research moved beyond the field’s dependence on exaggerated or caricatured expressions modeled by laboratory actors, to focus on the subtle glances found in real situations. After growing up in Cairo, Egypt, she earned a PhD in Cambridge University, and then joined the MIT Media Lab as a research scientist, where she spearheaded the application of emotion recognition technology in a variety of fields, including mental health and autism. She left MIT to co-found Affectiva, a company credited with defining the field of Emotion AI and now works with 25% of the Fortune 500 and is a leader in emotion AI. Rana was named by Forbes to their list of America’s Top 50 Women in Tech. Bio: Rana el Kaliouby is on a mission to humanize technology with artificial em

Get Your Trend Following On with Michael Covel on Trend Following Radio.

Your dreams become your destiny when you learn the secret art of asking! Most people have beautiful dreams deep inside—the things they would like to have, the relationships they’d love to enjoy, and the wellness and well-being that would help them express their best, in every way. But often those dreams lie buried inside us. Hidden by fear or unworthiness or a lack of awareness of what could be. Asking is the only language to which the Universe can deliver a solution, understanding, illumination, or plan. There are three distinct channels through which we can ask: Ask Yourself. Ask Others. Ask God. You were born with a destiny. Your job is to discover it. Once you begin to practice the art and science of asking to discover your destiny and start to move toward it, you can manifest innumerable blessings for yourself and others. This isn’t a complicated process; in fact, it’s a simple gift that lies dormant within you. Once you learn to access that gift, everything changes for the better. Ask! will help you acc

There once was a time when we joyfully raised our hands to answer questions, connected easily with others, believed that anything was possible, and fearlessly jumped into new experiences. A time when we viewed each day not as something to endure, but as a marvelous gift to explore and savor—when we danced through our lives in awe of the ordinary moments and eager for the promise of tomorrow. Unfortunately, that’s far from our experience today. Instead, we feel disconnected and jaded. Social media reminds us that we don’t measure up, and the mainstream media barrages us with constant negativity. Many of us find ourselves caught in a life of dogged responsibility and mind-numbing repetition. The daily struggle to earn a living has caused us to lose the sense of wonder with which we once greeted every day. In his new book, bestselling author John O’Leary invites us to consider that it is possible to once again navigate the world as a child does. Identifying five senses children innately possess and that we’ve lo

Aha Moments with Michael Covel on Trend Following Radio.

Why is paying for things painful? Why are we comfortable overpaying for something in the present just because we’ve overpaid for it in the past? Why is it easy to pay $4 for a soda on vacation, when we wouldn’t spend more than $1 on that same soda at our local grocery store? We think of money as numbers, values, and amounts, but when it comes down to it, when we actually use our money, we engage our hearts more than our heads. Emotions play a powerful role in shaping our financial behavior, often making us our own worst enemies as we try to save, access value, and spend responsibly. In Dollars and Sense, bestselling author and behavioral economist Dan Ariely teams up with financial comedian and writer Jeff Kreisler to challenge many of our most basic assumptions about the precarious relationship between our brains and our money. In doing so, they undermine many of personal finance’s most sacred beliefs and explain how we can override some of our own instincts to make better financial choices. Exploring a wide

Michael explores the Great Reset weaving in trend following wisdom. Don’t listen if you are asleep.

Negotiation is not a zero-sum game. It’s an essential skill for your career that can also improve your closest relationships and your everyday life, but often people shy away from it, feeling defeated before they’ve even started. That’s the perspective my guest today Alexandra Carter brings to the table. We’ve been taught incorrectly that the loudest and most assertive voice prevails in any negotiation, or otherwise both sides compromise, ending up with less. Instead, Carter shows that you get far more value by asking the right questions of the person you’re negotiating with than you do from arguing with them. She offers a simple yet powerful ten-question framework for successful negotiation where both sides emerge victoriously. Carter’s proven method extends far beyond one “yes” and instead creates value that lasts a lifetime. Bio: Alexandra Carter is a Clinical Professor of Law and Director of the Mediation Clinic at Columbia Law School, where she has spent over a decade helping thousands of people improve