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Ep. 262: Terry Burnham Interview with Michael Covel on Trend Following Radio
Ep. 262: Terry Burnham Interview with Michael Covel on Trend Following Radio
ratings:
Length:
44 minutes
Released:
Aug 4, 2014
Format:
Podcast episode
Description
Michael Covel speaks with Terry Burnham on today’s podcast. Burnham is an economist who studies the biological and evolutionary basis of human behavior. He wrote "Mean Markets and Lizard Brains". Covel and Burnham discuss why Burnham removed $1 million from his Bank of America account and said “I don’t trust the banks”; the two ways to think about risk; separating the ideas of luck and skill; the lizard brain and how it relates back to our choices; a story about interacting with Paul Tudor Jones; why markets have momentum; the great driver of conformity; rationality and irrationality; captive chimps vs. chimps in the wild and the differences in behavior; predicting when the Fed will step in; thinking of the worst case scenario for equities and looking to Japan for an example; and negative interest rates. For more information on Terry Burnham, go to terryburnham.com. Want a free trend following DVD? Go to trendfollowing.com/win.
Released:
Aug 4, 2014
Format:
Podcast episode
Titles in the series (100)
Ep. 12: Michael Covel on Trend Following Radio: Michael covers several disparate topics and brings them together into a basic trend following message about thinking clearly. First, Michael discusses former Lehmen Brothers veterans starting a "systematic innovative volatility fund". Michael cuts... by Michael Covel's Trend Following