Trend Following With Michael Covel

My guest today is Jonathan Hoenig, an American, founding member of the Capitalist Pig hedge fund, and a regular contributor to and regular panelist on Fox News Channel's Cashin' In, Your World with Neil Cavuto, Red Eye w/ Greg Gutfeld and WLS 890's morning show, Don Wade & Roma. The topic is his documentary Pit Trading 101. In this episode of Trend Following Radio we discuss: Hoenig's branding for his hedge fund, Capitalist Pig Why capitalism has become demonized The difference between capitalism and crony capitalism Ayn Rand and capitalism as the "unknown ideal" How Hoenig ended up in the Chicago trading pits, and what we can learn from studying pit trading today The physical type of pit traders The subculture of the pits Where Hoenig sees futures markets going The blame of speculators America's place in the world today Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics,