January 31, 2024

17: The Magellan Fund Myth?

27 minutes

None of us are immune to making emotional decisions.

Today on Talking Trends, Mike Melissinos discusses how we can all learn from what our emotions are communicating to us. And how we can use this to develop wisdom and improve our investing performance.

Listen in to learn about famed investor Peter Lynch's Magellan Fund returns and the mythical Fidelity study that showed how the average investor actually lost money despite the fund's annualized returns of 29%.

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Key Takeaways:

Our response to our emotions, not the emotions themselves, is what hurts our returns.

A strong performing investment can invite poor behavior that hurt returns (e.g. ARKK)

"You need to be able to do the right thing no matter how you feel."

Mike's early experiences with managing investor emotions through strong and poor performance periods

Questions to ask yourself as you feel your emotions flaring up.

Talking Trends is a production of Melissinos Trading. You can find show notes and transcripts on YouTube. Full video episodes are available on LinkedIn and X.

If you have a question for Mike about a better way to manage your money and investments, leave me an [email protected] and I might answer it on a future episode.

Links and Resources:

The Chase

Mike's blog on Substack

Mike on LinkedIn

Mike on X

Melissinos Trading

⁠⁠⁠⁠⁠⁠Jerry on LinkedIn⁠⁠⁠⁠⁠⁠

Due to industry regulations, they will not specifically discuss their funds (by name or symbol) on this podcast. All opinions expressed by podcast participants are solely their own and do not reflect the opinions of Melissinos Trading LLC or Chesapeake Capital Corp (or any of its employees). This podcast is meant for informational purposes only and should not be used as a basis for investment decisions. Clients of Melissinos Trading and Chesapeake Capital Corp may maintain positions and securities discussed in this podcast.

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By Michael Melissinos

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