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My guest today is Tim Price, a partner and director of investment at PFP Wealth Management in the UK, an independent asset management and financial planning practice.

The topic is markets and investments.

In this episode of Trend Following Radio we discuss:

• The subordination of freely discovered prices to policy goals
• Why the recent trading environment seems \u201cwrong and dangerous\u201d
• Why Price wouldn\u2019t be able to speak freely working for a large bank
• Why Price and his colleagues aren\u2019t \u201cdoom and gloomers\u201d
• Why the media neglects to report on black swans
• Why the role of the Fed is to keep \u201cspiking the punch\u201d
• The vested financial pushback on having some of these views
• Risk and \u201cAgainst The Gods\u201d
• Why people are hardwired to be loss averse
• An analogy to the US Forest Service

Jump in!

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I\u2019m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I\u2019m 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\u2019d like to give you a great piece of advice you can use in your life and trading journey\u2026 cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

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