Trend Following With Michael Covel

My guest today has insights. Very unique insights. I am very lucky to keep bringing great minds onto this show. An excerpt from his piece that inspired me: On April 28, 1961—a decade after General Douglas MacArthur was fired for defying Harry Truman on Korea—the controversial commander hosted President John F. Kennedy at New York’s Waldorf Astoria Hotel, where MacArthur and his wife lived in a suite on the 37th floor. The contrast between the two could not have been more obvious: MacArthur, then in his early eighties, was mottled, frail, and walked with a slight stoop, while the newly inaugurated Kennedy was young, fit, and vibrant. The two sequestered themselves in MacArthur’s suite, then posed for photographers, the young president obviously proud to appear with the aging legend. Fortunately for historians, Kennedy recorded notes on his Waldorf Astoria discussion, committing MacArthur’s advice to a personal memorandum that he later referred to in White House policy discussions. The meeting itself was the su