Ep. 4: Mike Shell Interview with Michael Covel on Trend Following Radio

1

Introduction

00:00 • 4min

2

The Importance of Perception

04:13 • 4min

3

The Importance of Having an Opinion

07:46 • 5min

4

The Uncertainty of Life

12:47 • 2min

5

The Importance of Uncertainty

14:38 • 4min

6

Quantifying Uncertainty

18:37 • 6min

7

The Power of Independent Thinking

24:18 • 5min

8

The Animal Spirits Line: The Suspicious Urge to Action

28:53 • 3min

9

The Paradox of Quantitative Investing

31:57 • 2min

10

How to Be a Good Manager

33:27 • 3min

11

How to Pre-Define What You're Going to Do

36:20 • 4min

12

The Paradox of Risk Management

40:37 • 4min

13

The Importance of Being Like Mike Shell

44:43 • 2min

14

The Efficient Markets Hypothesis

46:53 • 4min

15

The Benefits of Behavioral Economics

50:56 • 2min

16

The Problem With Asset Allocation Models

53:22 • 2min

17

The Fish Market's Hypothesis and the Capital Asset Pricing Model

55:13 • 4min

18

How to Be a Successful Trend Follower

59:40 • 2min

19

The Benefits of Using Computer Systems to Do Things

01:01:18 • 2min

20

The Importance of Executing Systems

01:02:51 • 5min

21

The Differences Between My Systems and My System

01:07:55 • 4min

22

The Importance of Consistency

01:11:45 • 2min

23

How to Be a Successful Investment Manager

01:14:05 • 3min

24

The Importance of Getting Deep in Your Gut

01:16:54 • 2min

25

The Importance of Understanding Human Behavior

01:18:35 • 2min

26

The Average Investor Doesn't Do as Well as Their Funds

01:20:08 • 3min

27

The Importance of Performance

01:23:02 • 2min