Ep. 85: Barry Ritholtz Interview with Michael Covel on Trend Following Radio

Published: Nov. 29, 2012, 10:14 p.m.

My guest today is Barry Ritholtz, an author, newspaper columnist, blogger, equities analyst, television commentator, and CEO of Fusion IQ. Ritholtz is deep down a quant guy, but brings strong views and opinions. However, he won't sit around and "fight the tape".

The topic is his book Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy.

In this episode of Trend Following Radio we discuss:

  • The price of paying attention and why you should be selective in what you watch, read, and listen to
  • The onslaught of political information
  • The insatiable need to consume information and knowing when it's the right time to quarantine yourself from being influenced by someone in particular
  • Ritholtz's views on gold, why attaching your emotional well-being to it is wrong, and how it won't be quite as valuable as most people think in the event of a crisis; cutting your losses short and letting your winners run
  • The real value of intuition
  • How Ritholtz views the world and where we're at right now, societal and economic cycles, and how you can't be a doom and gloomer seeing what's coming down the pipeline in the next generation
  • The importance of not being cash rich and time poor, getting "lost in the screens", and leading a good life instead of always chasing money for its own sake

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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Twitter: @covel
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LinkedIn: @covel
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Hope you enjoy my never-ending podcast conversation!