Arvid Hoffmann's guest appearances

Arvid Hoffmann

Michael Covel's Trend Following

Elon Musk

Daniel Kahneman

Tim Ferriss

Tyler Cowen

Annie Duke

Michael Mauboussin

Steven Pinker

Mark Manson

Jim Rickards

Chris Ryan

Chris Ducker

Rich Karlgaard

Cal Newport

Vanessa Van Edwards

Nir Eyal

OwlTail

Michael Covel

Hersh Shefrin

My guests today are Hersh Shefrin and Arvid Hoffmann.  Hersh Shefrin has done pioneering work in behavioral finance and is the author of Beyond Greed and Fear. Hoffmann is a colleague of Shefrin. He is a Professor of Finance at Maastricht University in the Netherlands. The topic is their paper, Technical Analysis and Individual Investors. In this episode of Trend Following Radio we discuss:  Covel and Shefrin discuss how Shefrin came to know that behavioral finance was his path; the two-system framework; the connection to behavioral and eating disorders; the disposition effect; when emotion and reason are in conflict; “transferring your assets” vs. “selling a loss”; distinguishing between rules and discretion; how we stick with rules for ourselves given the context of our humanity; the psychological pitfalls of the 2008 financial crisis; the inevitability of market crises; Minsky and Keynes; the psychology of Keynesian economics; and human ideas surrounding uncertainty. With Arvid Hoffmann, Covel discusses the paper Technical Analysis and Individual Investors; the inspiration for the paper; Hoffmann’s definition of technical analysis; the narrow focus of the paper to short-term trading; technical analysis and trend following; “invest as if the market was efficient”, and “restrict your attempts to beat the market”  Jump in! --- 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 My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

My guests today are Hersh Shefrin and Arvid Hoffmann.  Hersh Shefrin has done pioneering work in behavioral finance and is the author of Beyond Greed and Fear. Hoffmann is a colleague of Shefrin. He is a Professor of Finance at Maastricht University in the Netherlands. The topic is their paper, Technical Analysis and Individual Investors. In this episode of Trend Following Radio we discuss: <ul> <li>Covel and Shefrin discuss how Shefrin came to know that behavioral finance was his path; the two-system framework; the connection to behavioral and eating disorders; the disposition effect; when emotion and reason are in conflict; “transferring your assets” vs. “selling a loss”; distinguishing between rules and discretion; how we stick with rules for ourselves given the context of our humanity; the psychological pitfalls of the 2008 financial crisis; the inevitability of market crises; Minsky and Keynes; the psychology of Keynesian economics; and human ideas surrounding uncertainty.</li> <li>With Arvid Hoffmann, Covel discusses the paper Technical Analysis and Individual Investors; the inspiration for the paper; Hoffmann’s definition of technical analysis; the narrow focus of the paper to short-term trading; technical analysis and trend following; “invest as if the market was efficient”, and “restrict your attempts to beat the market”</li> </ul> Jump in! --- 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: <a href="https://www.trendfollowing.com/trend/" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/trend/</a> You can watch a free video here: <a href="https://www.trendfollowing.com/video/" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/video/</a> Can’t get enough of this episode? You can choose from my thousand plus episodes here: <a href="https://www.trendfollowing.com/podcast" rel="noopener nofollow" target="_blank">https://www.trendfollowing.com/podcast</a> My social media platforms: Twitter: <a href="https://twitter.com/covel" rel="noopener nofollow" target="_blank">@covel</a> Facebook: <a href="https://www.facebook.com/trendfollowing/" rel="noopener nofollow" target="_blank">@trendfollowing</a> LinkedIn: <a href="https://linkedin.com/in/covel/" rel="noopener nofollow" target="_blank">@covel</a> Instagram: <a href="https://www.instagram.com/mikecovel/" rel="noopener nofollow" target="_blank">@mikecovel</a> Hope you enjoy my never-ending podcast conversation!

Ep. 250: Hersh Shefrin and Arvid Hoffmann Interview with Michael Covel on Trend Following Radio