4.6 • 730 Ratings
🗓️ 31 May 2024
⏱️ 59 minutes
🧾️ Download transcript
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.
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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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