My guest today is Sam Polk, a former wall street banker who walked away after making millions. Today, Polk runs a non-profit to help the poor understand nutrition. However, his op-ed is definitely controversial.
The topic is his op-ed For The Love of Money.
In this episode of Trend Following Radio we discuss:
- The intensity surrounding the reaction to Polk's op-ed piece
- Reactions from friends and colleagues about the article
- Envy and jealousy in the Wall Street world
- Polk's background and life growing up
- Filtering cultural messages
- The line between individual responsibility and being part of a system
- Crony capitalism
- Power dynamics
- The mythology of risk-taking in America
- The solution for the investment banks out there
- Polk's non-profit which he runs today
Jump in!
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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, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.
To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/
You can watch a free video here: https://www.trendfollowing.com/video/
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Hope you enjoy my never-ending podcast conversation!
Michael Covel's Trend Following