2min chapter

Michael Covel's Trend Following cover image

Ep. 1134: Derek Lidow Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

How to Be an Entrepreneur

When you're using the word swarm, I should probably let you define it how you're using it. So you can think of it as literally a hive of activity. It gets started when somebody has an idea that they demonstrate, created a lot of value for them and that their neighbors are really interested in. Other people are watching that situation and saying, hey, I can do that too. And all of a sudden, you have a large group. Constant watching one another and copying what's working. That is a swarming behavior. The bees do that when they find a new blossoming tree. The bees wind up there gathering their pollen. It is a true swarming behavior that character

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