4.6 • 730 Ratings
🗓️ 4 November 2024
⏱️ 23 minutes
🧾️ Download transcript
Please enjoy my monologue Cry Me A River 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
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Hope you enjoy my never-ending podcast conversation!
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0:00.0 | I have some thoughts before the upcoming American election. |
0:06.0 | I don't consider these political thoughts in the sense that there are two points of view. |
0:12.6 | There's not two points of view. |
0:15.2 | What I'm going to lay out today is either about merit or power. |
0:22.3 | My example I want to start with. |
0:25.2 | Back in the day when I was in high school, in the Northern Virginia area outside D.C., |
0:29.9 | there was a high school called Thomas Jefferson High School. |
0:33.5 | They made it a magnet high school, and you got to take a test in eighth grade, and if you score high enough, you could go to T.J., they called it a magnet high school and you got to take a test in eighth grade and if you score |
0:39.1 | high enough you could go to tj they called it it became the best high school in the united |
0:45.4 | states of america for what 20 plus years now this means the kids that got into that school |
0:52.4 | got in because they had the highest scores, period. |
0:57.0 | They did not consider their color or their sex or some made-up gender. |
1:03.5 | The scores, that was the judge. |
1:08.0 | Well, a couple of years ago, in their infinite wisdom, the Fairfax County Board of Supervisors, |
1:14.7 | an operation that I know something about having grown up in Fairfax County, they decided |
1:19.2 | they did not like the diversity of Thomas Jefferson, of T.J. And they were going to fix it. |
1:26.4 | Here comes DEI, diversity, equity, and inclusion. |
1:32.5 | Now, only a few years later after having started a DEI at T.J, the school dropped from |
1:40.0 | one to three and now has dropped to 14 in the country. |
1:48.2 | Think about this. |
1:49.9 | You got the best high school in the country. |
1:52.4 | These kids have the highest scores. |
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