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Michael Covel's Trend Following
Ep. 1207: Trust But Verify with Michael Covel on Trend Following Radio
Aug 18, 2023
The podcast explores the concept of trust but verify and emphasizes the importance of meeting and connecting with strangers. The speaker shares their process of due diligence in selecting podcast guests and assessing credibility in the trading space. They discuss the significance of verifying information and not blindly trusting it, and highlight the importance of personal growth. The chapter also discusses taking ownership, attention to detail, and motivational wisdom. Finally, it emphasizes the importance of adhering to basic principles in managing effectively and introduces trend following as a method for making money in uncertain times.
28:49
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Quick takeaways
- The importance of questioning authorities, verifying information, and thinking critically to separate facts from opinions.
- The advantage of having a logical and skeptical approach, seeking data, verifying facts, and relying on personal analysis rather than trusting media or expert opinions.
Deep dives
Trust but Verify
The podcast episode emphasizes the importance of the principle 'trust but verify' in various aspects of life such as building networks, choosing podcast guests, and evaluating information sources. The host shares personal experiences of encountering scammers and emphasizes the need for due diligence to avoid being deceived. He encourages listeners to question authorities, verify information, and think critically to separate facts from opinions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode