59 min

Ep. 178: Vernon Smith Interview with Michael Covel on Trend Following Radio Michael Covel's Trend Following

    • Investing

My guest today is Vernon Smith, the first Nobel Prize winner to appear on this podcast. Smith is an American economist and professor of business economics and law at Chapman University. He is formerly a professor of economics at the University of Arizona, a professor of economics and law at George Mason University, and a board member of the Mercatus Center.
The topic is economics.
In this episode of Trend Following Radio we discuss:
Bubbles Some of Smith’s early experiments How “we’re all born traders” Early “ah ha” moments Early science and engineering beginnings Upsetting the conventional economics “apple cart” The difference between “hamburgers and haircuts” and the other 25% of goods Smith’s experience bringing Chicago traders into lab experiments How we see the dotcom bubble, spring of 2003, and the real estate bubble today Differences between housing bubbles and stock market bubbles Understanding why bubbles happen Liberty Views on Adam Smith Smith’s ideological journey from socialist to his libertarian leanings today 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
My social media platforms:
Twitter: @covel
Facebook: @trendfollowing
LinkedIn: @covel
Instagram: @mikecovel
Hope you enjoy my never-ending podcast conversation!

My guest today is Vernon Smith, the first Nobel Prize winner to appear on this podcast. Smith is an American economist and professor of business economics and law at Chapman University. He is formerly a professor of economics at the University of Arizona, a professor of economics and law at George Mason University, and a board member of the Mercatus Center.
The topic is economics.
In this episode of Trend Following Radio we discuss:
Bubbles Some of Smith’s early experiments How “we’re all born traders” Early “ah ha” moments Early science and engineering beginnings Upsetting the conventional economics “apple cart” The difference between “hamburgers and haircuts” and the other 25% of goods Smith’s experience bringing Chicago traders into lab experiments How we see the dotcom bubble, spring of 2003, and the real estate bubble today Differences between housing bubbles and stock market bubbles Understanding why bubbles happen Liberty Views on Adam Smith Smith’s ideological journey from socialist to his libertarian leanings today 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!

59 min