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My guest today is Terence C.M. Tse, an educator, speaker, advisor and commentator. He is a co-founder of Nexus FrontierTech and co-author of \\u201cUnderstanding How the Future Unfolds: Using Drive to Harness the Power of Today\\u2019s Mega Trends.\\u201d His mantra is \\u201cYou can\\u2019t predict the future, but you can be ready with a plan.\\u201d\\xa0Terence\\u2019s book focuses on a term he calls \\u201cPresentcasting.\\u201d He does not promote forecasting but rather teaches people to look at what\\u2019s in front of them and see how things are unfolding in current time. He has created the acronym DRIVE \\u2013 defining 5 interrelated mega trends: demographic and social changes, resource scarcity, inequalities, volatility, complexity and scale and enterprising dynamics. These are the five directions Terence points clients in when they start thinking about improving their lives.

The topic is his book Understanding How the Future Unfolds: Using Drive to Harness the Power of Today\\u2019s Mega Trends

In this episode of Trend Following Radio we discuss:

• Preparing of uncertainty
• Entrepreneurship
• Economics abroad
• New technology
• Rise of the internet
• Disappearance of white collar jobs
• Student loans

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/

You can watch a free video here: https://www.trendfollowing.com/video/

Can\\u2019t 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!