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Ep. 378: Embracing Failure with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Risk of Failure

When you have a great mind in front of you, you talk about process. You don't talk outcomes with great minds. Losers talk about outcomes. Failure is part of the learning process. What's the risk of failure? What you'll be embarrassed? How do you distinguish failure from learning in your whole life? If it's part of your failing and then you learn, then that learning ispart of the moving forward. Fail, learn, move forward and constantly do that because you're cutting edge. That's a different kind of approach to life. It's a different way of being. We insert a little bit more on this topic of failure.

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