In this episode of Joe’s Happy Hour, Joe Fahmy sits down once again with Senior Market Strategist Mike Webster of Investors Business Daily for a raw, wide-ranging discussion on trading psychology, portfolio management, and what it really takes to succeed in the markets.

They break down the concept of the equity curve, goal-driven trading, risk management, and the realities of making and keeping profits. Mike shares lessons from working alongside legendary investor William O’Neil, the importance of studying market history, and why self-awareness and discipline matter more than hot stock tips.

Whether you’re a new trader or a seasoned pro, this episode delivers actionable insights you can use right now.

⏱ Chapter Markers:

00:00 – Welcome & Disclaimer

00:20 – Introduction to Mike Webster

01:11 – The Power of Ramble Sessions & Shared Insights

02:10 – Mike’s Background & Philosophy: “Be Kind”

02:30 – Actively Managing a Portfolio: Decision-Making Challenges

03:42 – Defining Trading Goals & Styles

04:45 – Understanding Your Equity Curve

06:09 – Moving Averages for Portfolio Health

07:44 – Risk Tolerance & Avoiding Over-Leverage

10:15 – Starting Small to Build Skill Before Scaling

14:13 – Cutting Losses & Letting Winners Run

17:26 – Stop-Loss Strategies & Timing Exits

19:09 – Overcoming Emotional Bias in Trading Decisions

25:59 – The Role of Patience & Market Psychology

27:53 – Studying Market History & Recognizing Patterns

33:10 – IPO Bases & Pattern Development

39:22 – Earnings Season Risk Management

41:46 – Recency Bias & Investor Behavior

45:51 – Managing Inflows, Outflows & Performance Pressure

48:38 – Rule-Based Trading to Reduce Emotion

51:01 – Flexibility, Conviction & Position Sizing

54:40 – Lessons from Cathie Wood’s Outperformance

56:12 – Trading Discipline & Staying in the Zone

💬 If you enjoyed this conversation, share it with a fellow trader who needs a dose of market truth. Don’t forget to subscribe to Joe’s Happy Hour on your favorite podcast platform and leave a review—it helps us reach more listeners looking to up their trading game!

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🎧 Available on all podcast platforms

#TradingPsychology #StockMarket #PortfolioManagement #SwingTrading #InvestingTips #MarketHistory #RiskManagement #TradingDiscipline #EquityCurve #FinancialEducation #MikeWebster #JoesHappyHour

NBA vet and champion coach Damon Jones joins Joe Fahmy for a raw and insightful conversation covering everything from his underdog path to the league, playing alongside legends like LeBron and Shaq, lessons in leadership, and what it's really like behind the scenes in the NBA.

They dive into how the league evolved during Damon’s 12-year career, how mentorship and mindset fueled his rise, and what it takes to stay ready — on the court and in life. Damon also shares powerful reflections on coaching, social media, and why empathy matters more than ever.

Whether you’re a sports fan, investor, or just love great stories — this one’s got something for you.

⏱️ Chapter Markers

00:00 – Intro & Disclaimers

00:41 – Damon Jones Joins the Show

01:02 – Damon’s NBA Background & Current Work

02:16 – Growing Up in Galveston & College Decision

03:44 – Going Undrafted & Fighting to Get In

05:14 – The Call-Up from John Calipari

08:11 – Flight Issues & Loyalty from Sam Cassell

10:28 – Life-Changing NBA Moments

12:24 – Mentorship in the League

13:22 – Mookie Blaylock’s Unseen Assist

15:06 – Being Prepared for Any Opportunity

16:46 – Mental Toll of Retirement from the NBA

18:46 – LeBron’s Longevity & Work Ethic

21:09 – Conditioning at the Elite Level

23:35 – Surrounding Yourself with Greatness

24:25 – The Psychology of Performance

27:00 – Adapting Through NBA Rule Changes

30:05 – Jordan, Bird, and Momentum

34:05 – What Damon Learned from LeBron

38:40 – Why People Hate Success

41:02 – Learning from Greatness

43:26 – Transitioning into Coaching

46:16 – Ty Lue's Coaching Style & Impact

50:14 – 2016 Championship with the Cavaliers

53:10 – Final Thoughts: Empathy Over Judgment

💬 Enjoyed this episode?

Leave a comment sharing your favorite Damon Jones story or what resonated with you most.

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🎧 Available on all podcast platform

#DamonJones #NBAStories #NBAChampions #AthleteMindset #JoeFahmy #JoesHappyHour #MentalToughness #UnderdogStory #SportsLeadership

🎶 Legendary bassist Phil Soussan (Ozzy Osbourne, Vince Neil, Billy Idol) returns to share his insights on life as a musician and investor. This conversation blends rock-and-roll stories with practical financial strategies: from managing a feast-or-famine career to building wealth through disciplined investing. Phillip talks about writing “Shot in the Dark,” being part of the Grammy board, navigating market cycles, why diversification matters, and his latest solo album inspired by today’s world.

⏰ Timestamps:

00:00 – Intro and Phillip’s legendary music background

03:00 – Multiple income streams: lessons from Bob Hope to Warren Buffett

05:30 – Financial realities of the music industry and inflation

14:30 – How personal history shapes investing mindset

37:00 – Learning to cut losses and control emotions in markets

48:00 – Building a dividend portfolio and reinvesting wisely

1:06:45 – Reflections on Ozzy, Black Sabbath, and “Shot in the Dark” tribute

1:07:30 – Phillip’s new solo album and adapting to changing times

📈 If you enjoyed this episode, share it with someone passionate about music or investing.

👉 Subscribe for more conversations that blend creativity and strategy, and leave a review to help us grow the show.

#PhillipSoussan #MusicAndMoney #RockAndFinance #CreativeInvesting #StockMarketMindset #BlackSabbath #FinancialFreedom #MusiciansAndMoney #AdaptEvolveThrive

🎸 In this episode of Joe's Happy Hour, Joe sits down with Frank Sidoris, guitarist for Slash feat. Myles Kennedy & the Conspirators, and Mammoth WVH with Wolfgang Van Halen. Frank shares his incredible journey from Vegas stages to global tours, landing a dream gig with Slash, and building an iconic Vegas bar.

🌍Discover how authenticity, hustle, and a little bit of Vegas magic helped him navigate the wild world of music and entrepreneurship.

✅ Topics covered:

- How Frank landed gigs with Slash and Wolfgang Van Halen

- Life on tour: highs, lows, and backstage stories

- Starting a bar business in Las Vegas- Lessons from Eddie Van Halen

- Finding balance between music and business

🎧 Whether you're a music fan, aspiring artist, or entrepreneur, Frank's story is full of inspiration, humor, and life wisdom.

⏱️ Timestamps

00:00 - Intro & Disclaimer

00:35 - Meet Frank Sidoris: Vegas-born Guitarist & Bar Owner

02:00 - Early gigs, retail jobs, and working for a magician?!

04:45 - How maturity came early: learning to "sit at the table with adults"

07:00 - Life growing up in Vegas: calling hotel operators at age 6

08:30 - First band, Cirque du Soleil auditions, and an unexpected fork in the road

10:30 - Choosing tour life over a stable Vegas show gig

12:15 - Touring with The Cab and international experiences

13:30 - Meeting Brant Fitz and the long road to Slash

16:00 - The Slash audition story (Super Bowl Sunday!)

19:30 - Nailing Paradise City — the moment nerves disappeared

21:00 - Getting the call: "We want you in the band"

23:00 - Lessons learned: being over-prepared pays off

25:45 - How confidence builds through preparation

27:00 - Jam sessions with Chris Chaney & Matt Chamberlain

28:20 - Transition to Mammoth WVH: from one legend to another

30:15 - The surreal Eddie Van Halen encounter

34:00 - Wolfie’s musical genius: no tracks, no safety net, all heart

36:00 - Touring with Mammoth & the "confidence shift"

38:30 - Hanging with Eddie: humility, legacy, and kindness

40:15 - If Frank could retire abroad, where would he live?

41:00 - Japanese culture and the mystery of trash-free streets

42:00 - Why Frank opened a bar: building something real in Vegas

43:30 - His global coffee list (and why he won’t gatekeep it)

44:50 - Hospitality & authenticity in the service industry

47:30 - The "Hard Hat Lounge" story: revitalizing a Vegas institution

49:00 - Partnering with local burger phenom Stay Tuned Burgers

50:00 - How Hard Hat became an industry hangout spot

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🎸 Whether you're into finance or Fender guitars, this show brings it all together. Thanks for tuning in to Joe's Happy Hour!

In this episode of Joe's Happy Hour, Frank Carlucci—former Naval Intelligence Officer, corporate executive, educator, and son of President Reagan’s Secretary of Defense—joins Joe for a candid conversation spanning war rooms, boardrooms, and classrooms. Frank shares stories of briefing Colin Powell and Dick Cheney during Desert Storm, reflects on lessons from his father’s career, and explains his unique path from Naval Intelligence to leading technology ventures and eventually becoming Commandant at a military school. With humor, humility, and deep insight, this episode is a masterclass in leadership, legacy, and living with purpose.

🕓 Chapter Markers

00:00 – Welcome to Joe’s Happy Hour

00:20 – Meet Frank Carlucci

01:06 – His Father’s Legacy in Politics

03:04 – Frank’s Naval Intelligence Background

04:45 – Life Aboard an Aircraft Carrier

06:36 – Career Pivots: Military to Tech

08:58 – Becoming a Fixer in Business

12:15 – Lessons from Layoffs and Leadership

17:00 – Working With Global Giants (USAA, State Farm)

22:15 – Ethics, Respect, and Handwritten Notes

24:00 – Briefing Powell and Cheney at 28

27:15 – Hilarious Briefing Story With His Dad

30:00 – Cultural Adaptation in Global Business

35:00 – Politics vs. Values in Leadership

39:00 – Critical Thinking Is a Lost Art

44:00 – Congo Incident That Almost Changed History

46:15 – Navigating Different Business Cultures

50:00 – A Trump Fountain and a $1M Opinion

53:00 – Golf Talk With a Future President

56:00 – Final Reflections and Gratitude

Enjoying the convo? Tap the like button, subscribe, and hit the bell so you never miss a Happy Hour! 🍻

Got a favorite story or insight from Frank? Drop it in the comments—we’d love to hear what resonated most with you.

🔗 Follow Joe Fahmy: @jfahmy

#JoesHappyHour #FrankCarlucci #LeadershipStories #MilitaryToBusiness #DefenseHistory #CommandantLife #LifeLessons

In this episode of Joe's Happy Hour, Joe Fahmy sits down with Eleanor Terrett — journalist and co-host of Crypto in America — for a jam-packed conversation covering crypto policy, journalism career paths, regulatory chaos, and the shifting tides in Washington.From Eleanor’s rise through Fox Business to her boots-on-the-ground reporting in the crypto world, the episode dives deep into SEC enforcement, stablecoins, meme coins, and the political momentum building behind digital asset legislation. Whether you're crypto-curious or a seasoned investor, this episode brings the fire 🔥⏱ Timestamps00:00:00 – Intro and Eleanor’s background in journalism00:06:40 – College, career paths, and breaking into media00:13:20 – Inside Fox Business and mentorship from Charlie Gasparino00:20:00 – Transition to crypto and the XRP lawsuit deep dive00:26:40 – The SEC's past vs. present stance on crypto00:33:20 – Live coverage of 2025 crypto conferences00:40:00 – Bitcoin vs. stablecoins: the real world utility debate00:46:40 – Meme coins, collectibles, and regulatory gray areas00:53:20 – Getting started with crypto: ETFs, wallets, and exchanges01:00:00 – Final thoughts on adoption, policy, and future outlook📢 Call to ActionEnjoying the convo? Smash that like button, subscribe, and hit the bell so you never miss a Happy Hour! 🍻Drop your thoughts in the comments – Are you bullish on crypto’s future or staying on the sidelines?🔗 Follow Joe Fahmy: @jfahmy🔗 Follow Eleanor Terrett: @EleanorTerrett#CryptoPodcast #JoeFahmy #EleanorTerrett #Bitcoin #CryptoRegulation #CryptoInAmerica #Journalism #SEC #XRP #Stablecoins #HappyHourShow

In this episode of Joe’s Happy Hour, Joe Fahmy sits down with acclaimed mentalist and magician Chris Hanna and world-renowned drummer Brent Fitz for a captivating and hilarious conversation about magic, music, and the art of performance. Chris shares insider stories from Wynn Las Vegas, celebrity gigs with names like Tom Brady and Leonardo DiCaprio, and the philosophy behind illusion and mentalism. The trio dives into the psychology of audience reactions, how magicians stay sharp, and what it takes to turn passion into a world-class profession. Stick around for some mind-blowing live magic at the end of the show!

⏱️ Chapter Markers:

00:40 – Meet Chris Hanna, resident magician at Wynn

02:00 – Magic titles: magician vs. mentalist vs. illusionist

04:00 – Always carry a deck: the tools of the trade

06:30 – Getting hooked on magic at age five

10:15 – “Fool Us,” magic codes, and inside the magician community

15:00 – David Blaine’s influence and the joy of wonder

18:30 – Performing for Tom Brady and other celebrities

25:00 – The business side of being a magician

27:00 – Magic Castle membership and awards

33:00 – Fun celebrity moments and surprising reactions

41:00 – How magicians self-evaluate performances

47:00 – “Every gig is Saturday night”: mindset of a performer

48:30 – Chris Hanna performs live magic on the podcast

If you enjoyed this fun and mind-blowing conversation on magic, performance, and discipline—Like, Subscribe, and drop your favorite moment from Chris Hanna in the comments.

Who’s one performer you’d love to see on Joe’s Happy Hour next?

#JoesHappyHour #ChrisHanna #VegasMagic #MentalistLife #WynnLasVegas #CelebrityStories #LivePerformance #BehindTheMagic #WorkEthic #EntertainmentIndustry #MagicPodcast #MindBlown #ShowbizTalk

In this episode of Joe's Happy Hour, Joe Fahmy welcomes financial writer and TKer newsletter founder Sam Ro to talk markets, media, and the emotional rollercoaster of investing. From majoring in religion to breaking into finance, Sam shares how his unlikely career path led him to become a trusted voice in market commentary. They dive deep into investor psychology, media noise, long-term investing, the lessons of Warren Buffett, and why repeating fundamentals—like in religion—is critical to surviving market cycles. It’s sharp, funny, and full of perspective you won’t hear on CNBC.Whether you're a trader, long-term investor, or just trying to make sense of the headlines—this episode delivers insights with clarity and humor.📌 Chapter Markers :00:00 – Intro & Sam Ro's Unlikely Career Path04:00 – From Religion Major to Finance: Finding the Path08:00 – Fantasy Basketball and Portfolio Management11:00 – Cutting Through Market Noise & Media Overload15:00 – Impatience, Anxiety, and Market Volatility19:00 – Why Buying on Down Days Beats Buying on Green Days23:00 – Media Incentives: Fear, Headlines & Clicks28:00 – Investor Psychology vs. News Noise33:00 – Mastering the Art of Financial Storytelling36:00 – The CFA Exam: Worth It or Not?43:00 – Emotions and Market Downturns46:00 – Repetition as a Teaching Tool in Markets & Religion50:00 – Politics and Investing: Why Mixing the Two Fails54:00 – Covering the Berkshire Hathaway Shareholder Meeting59:00 – Sam on Warren Buffett, Comedy & StorytellingIf you appreciated this honest, insightful breakdown of markets, media, and mindset—Like, Subscribe, and drop your favorite takeaway from Sam Ro in the comments.Who’s one market expert, financial writer, or investor you’d love to see on the show next?#JoesHappyHour #SamRo #InvestorMindset #FinanceMedia #CFAJourney #MarketPsychology #FinancialNews #BuffettWisdom #LongTermInvesting #StockMarketTips #NewsletterWriter #BehavioralFinance #MoneyTalks #FinancePodcast

In this deeply candid and empowering episode, trader and repeat guest Tom Canfield returns for an unfiltered conversation that explores the emotional realities of trading, relationships, self-awareness, and personal growth. Tom and host Joe Fahmy discuss how mental health, honesty, therapy, and daily habits like exercise directly affect not just trading success—but life satisfaction. Expect stories of real-life struggles, hard-earned wisdom, and insights that apply far beyond the market. Whether you're a trader or just someone looking to live with more alignment and intention, this is an episode you won’t want to miss.⏱️ Timestamps 00:00 – A Raw, Unscripted Conversation Begins02:00 – Vulnerability, Honesty & the Trader’s Inner World06:00 – Survival Mode, Parenting, and Losing Yourself10:00 – The Link Between Trading and Personal Struggles14:00 – Why Men Resist Therapy (and Why They Shouldn’t)18:00 – Market Psychology: The Market Doesn’t Care About You22:00 – Developing a Trading Style That Matches Your Personality28:00 – Adapting to Market Cycles and Building Intuition33:00 – Trading vs. Investing: Know the Difference38:00 – Emotions as a Trading Tool, Not a Weakness44:00 – Owning Your Mistakes and Taking Full Responsibility50:00 – The Mental Load of Life and Its Impact on Trading54:00 – Move Your Body: Physical Health as Emotional Release58:00 – Confidence, Resilience, and Building a Stronger Life01:03:00 – Final Thoughts: Grace, Growth & Getting Back UpWho’s one trader, coach, or mindset expert you'd love to see interviewed next?

In this episode of Joe's Happy Hour, Joe Fahmy welcomes Mike Webster, Senior Market Strategist at Investor’s Business Daily, for an engaging, deep-dive conversation into the history, philosophy, and practical lessons of stock trading. They discuss Mike’s journey working with investing legend William O’Neil, the psychological traps traders fall into, how historical patterns continue to shape modern markets, and why flexibility, humility, and discipline are essential in trading. Packed with anecdotes, market wisdom, and humor, this is a must-listen for investors at any level.

00:00 – Intro & Mike Webster’s Background

01:10 – Influential Investing Books

02:15 – Studying Market History: 1880s to Now

04:00 – Rebuilding Pre-1960 Charts by Hand

05:50 – Validating O’Neil’s System Across Eras

07:10 – Market Bubbles: Railroads to Dotcom

08:10 – Bill O'Neil’s Frugality & Vision

09:20 – Mike’s Entry into Finance & IBD

10:55 – 1600% Return and Early Swing Trading

12:45 – Gaining Bill O’Neil’s Trust

14:15 – Co-Managing O'Neil’s Institutional List

16:00 – Bill O'Neil’s Flexibility in Market Interpretation

18:10 – Importance of Cutting Losses & Avoiding Hope

20:50 – Why Most Stocks Don’t Come Back

23:30 – Personal Advice from Bill: “Sell 6%”

26:00 – Life Lessons: Helping Others & Giving Back

28:00 – CD Collection to Trading Capital

30:00 – The Logic Behind Sharing Market Knowledge

32:00 – The Stress of Managing Concentrated Portfolios

34:00 – Building Market Recall Through Chart Volume

36:00 – Charting is a Learned Skill, Not a Gift

38:00 – Active Trading vs. Dollar Cost Averaging

40:30 – Risk of Treating Trading Like Gambling

42:10 – Why Rules Matter for Every Trader

43:45 – Position Sizing: From 5% to Full Margin

45:30 – Lessons in Holding vs. Selling Too Early

48:00 – The “Quick, Quicksand, Grateful Dead” Framework

50:30 – Creating Tools for Traders, Giving It Away Free

52:00 – Mike’s Podcast & Sharing Legacy with Kids

54:00 – Where to Find Mike Webster’s Work

56:30 – Balancing Life, Markets, and Purpose

58:00 – Final Reflections on Career and Perspective