Trend Following with Michael Covel: Episode 319. 02/15/2015
Bestselling author Michael Covel speaks with Salem on his podcast, Trend Following with Michael Covel. Salem also appeared in Covel’s film, Broke, and is featured in the last chapter of Covel's book, The Complete TurtleTrader. In this episode, Covel and Abraham cover some topical market moves--the Swiss Franc and Crude Oil among them. Covel and Abraham also discuss living in Asia and Asian economics; a market lesson Abraham first learned in 1987; the recent action of the Swiss Franc; artificially priced markets and the analogy of a dam; Crude Oil as a trend; speculation at the core of Abraham’s business and its effect on markets generally; the effect of Abraham’s grandfather on his work; the influences on Abraham’s thinking and business decisions; location independence; the importance of a link to the outside world; avoiding disaster; and being agnostic to the market.
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