My guest today is Russell Napier, a consultant with CLSA, who Covel had the good fortune to speak for in 2013 in several cities across Asia. Napier is a global macro-strategist. He definitely comes at it from a different trading perspective than trend following.

The topic is his book Anatomy of the Bear: Lessons from Wall Street's Four Great Bottoms.

In this episode of Trend Following Radio we discuss:

Why the average person will never see an interest for their savings again in their lifetime
How the choice of equities is made for many
How we’re not really in a free-market capitalistic world
Why Napier thinks we’re on the eve of a major deflationary period
How the equity bull market causes people to simply not think (or question).

Jump in!

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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!

Ep. 204: Russell Napier Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Ep. 204: Russell Napier Interview with Michael Covel on Trend Following Radio