Ep. 39: Eric Prentis Interview with Michael Covel on Trend Following Radio

My guest today is Eric Prentis, a stock market investing and trading expert. He has experience as a registered investment adviser, as a teacher and researcher on the faculty of the University of Southern California's graduate school of business, and as a stock market fund manager. He is the author of "The Astute Investor, 2nd ed.," and "The Astute Speculator," which are interesting to read, easy to understand and present the best advice from the masters.

The topic is his Zero Hedge article Everything You Know About Markets Is Wrong.

In this episode of Trend Following Radio we discuss:

• Prentis lays the foundation for the credit crisis and everything that started to unfold in the summer of 2007
• How we got there, and the approaches we're taking to getting out
• "Financial psychopaths" - and whether the public might be complicit in Wall Street's behavior
• Why the "wealth effect" isn't working today
• How zero interest rate policy (ZIRP) is affecting us, and why there isn't an uproar against it
• Why four years into the credit crisis, we still aren't seeing improvements
• Using more debt to keep the debt cycle going (and why it's a dead end)

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!