Devin Haran is the founder of Somerset Hills Capital, a value-focused investment manager. He got his start in investment banking, making stops at Merrill Lynch and RBC Capital Markets before launching Somerset Hills. He holds a BA from Amherst and an MBA from Columbia Business School.

In this conversation, we cover a range of topics:

-- Baseball continues to over-optimize, but the NBA is going the other way

-- The Pareto Principle and how it applies not only to trend-following, but equity indexes as well (Michael's latest ⁠article⁠)

-- The value of starting from modest means and learning how to stay in business

-- Our innate behavioral tendencies tend to serve us well in a life or death situation, but not so well in the markets

How to get in touch with Devin:

Twitter

Linkedin

Email

Darius Foroux is the author of 8 books, including The Stoic Path to Wealth. He writes about productivity, Stoicism, and wealth building. His ideas and work have been featured in TIME, NBC, Fast Company, Inc., Observer, and many more publications. Until now, more than 30 million people have read his articles.

Clint Sorenson, CMT, CFA of WealthShield and author of The Smooth Ride Portfolio joins Mike to take a look at the markets.

Topics we discuss:

1) Could NVDA and SMCI go the way of other bubble stocks such as TDOC, DOCU, ZM, etc?

2) Mike's recent article on How to Trade Bubbles

3) The Yen carry trade and its similarities to 2007

4) Commodities continue to be a mixed bag

5) Getting back in is tough, especially after recent pain

Carley Garner is a commodity market strategist and broker, Stocks & Commodities Magazine columnist, TheStreet.com Contributor, and author of several books. Her firm DeCarley Trading is a full-service futures brokerage that also provides free trading education. Follow her on X and Linkedin.

Topics we cover:

-- Starting is easier than staying

-- Running a lean business is a skill

-- Focus on the most important thing, ignoring everything else

-- The Yen carry-trade similarities to 2007

-- Signs of financial stress are becoming evident

Mike and Jerry back in the saddle discussing the extreme market moves over the past couple of weeks.

Supporting Substack article: https://mikemelissinos.substack.com/p/the-price-of-admission

Supporting Substack article: https://mikemelissinos.substack.com/p/something-good-coming

Supporting Substack article: https://mikemelissinos.substack.com/p/a-slight-edge-is-enough-even-preferred

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%.

Check out all episodes on YouTube

Key Takeaways:

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.