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Michael Covel's Trend Following

Ep. 1289: Larry Williams Redux with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6730 Ratings

🗓️ 31 May 2024

⏱️ 59 minutes

🧾️ Download transcript

Summary

Please enjoy my monologue Larry Williams Redux with Michael Covel on Trend Following Radio. This episode may also include great outside guests from my archive.

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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/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel

Hope you enjoy my never-ending podcast conversation!

Transcript

Click on a timestamp to play from that location

0:00.0

Let me share a story.

0:02.2

I think this was 2015.

0:05.2

Beijing, China.

0:07.5

I'm giving a speech in front of a lot of people, a thousand plus.

0:13.7

Gosh, I think it was 2015.

0:15.3

I'm not sure.

0:16.7

But I met Larry Williams, the traitor for the first time.

0:20.9

And he was the only other person there that was a foreigner, a westerner.

0:27.4

So it was him and I and a chance to meet with so many different Chinese people.

0:34.8

Primarily middle-aged Chinese ladies who, from what I was told,

0:42.5

as their husbands worked, they were responsible for the investing decisions. So this conference of

0:49.8

thousands and thousands of 50, 60, 70s, grandmas responsible for making the investing decisions.

0:59.3

But I must share that the owner of the event,

1:04.1

the guy that was holding the event,

1:06.1

and he was a dentist by training,

1:08.5

but had somehow or another got into holding investing conferences.

1:13.7

So he invited Larry and I to dinner.

1:18.4

And I may have shared this on the podcast before, but I don't think exactly how I'm going to say it.

1:24.2

This guy invites Larry and I to dinner, takes us to dinner, a local Chinese place in Beijing somewhere.

1:32.7

And there wasn't anything on the table that I recognized. Fair enough, that doesn't bother me. I assume it was mostly tripe type stuff, stomach intestines, etc.

1:45.8

Larry was not exactly happy about this

1:48.8

and was not as adventurousome as I to try things.

...

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