Talking Trends

By Michael MelissinosBusiness

Talking Trends episodes

January 31, 202417: The Magellan Fund Myth?
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:
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.
28 min
January 08, 2024 16: Dynamic Profit Slashing
Topics of discussion on this episode:
— New trend-following investor gets cold feet
— Should we change the name of our podcast?
— Dynamic Position Sizing = Dynamic Profit Slashing
— Smoother returns...but they'll be lower

Links and Resources: Do you have a question for Michael and Jerry? Please DM us at ⁠⁠⁠⁠⁠@mmelissinos⁠⁠⁠⁠⁠ or ⁠⁠⁠⁠⁠@rjparkerjr09⁠⁠⁠⁠⁠.

Mike's Links
⁠⁠⁠⁠⁠Substack⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠Melissinos Trading LLC⁠⁠⁠⁠⁠

Jerry's Links
⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠
⁠⁠⁠⁠⁠Chesapeake Capital⁠⁠⁠⁠⁠

Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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 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. For more information, please visit ⁠⁠⁠⁠⁠melissinostrading.com⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠chesapeakecapital.com⁠⁠⁠⁠⁠.
37 min
December 29, 2023 15: Take a Stand
Topics of discussion on this episode:
— Harvard President plagiarism
— Knowing what you're buying
— Finding the best cup of coffee
— Standing for something builds trust

Links and Resources: Do you have a question for Michael and Jerry? Please DM us at ⁠⁠⁠⁠@mmelissinos⁠⁠⁠⁠ or ⁠⁠⁠⁠@rjparkerjr09⁠⁠⁠⁠.

Mike's Links
⁠⁠⁠⁠Substack⁠⁠⁠⁠
⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠
⁠⁠⁠⁠Melissinos Trading LLC⁠⁠⁠⁠

Jerry's Links
⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠
⁠⁠⁠⁠Chesapeake Capital⁠⁠⁠⁠

Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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 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. For more information, please visit ⁠⁠⁠⁠melissinostrading.com⁠⁠⁠⁠ and ⁠⁠⁠⁠chesapeakecapital.com⁠⁠⁠⁠.
47 min
December 22, 2023 14: Constraints are Liberating
Constraints liberate us from confusion, from compiling endless information, from jumping from diet to diet or from one investment to another.

Embrace constraints. They focus us. They hold us accountable. They help us calm down and move forward in a more sturdy and sustainable direction.
18 min
December 17, 2023 13: How Do You Make Money and Not Know Anything?
Topics of discussion on this episode:
— Our favorite investing quote
— Charlie Munger on "diversification"
— Mike's LinkedIn post on the Sharpe Ratio
— Recent popular Twitter posts from Jerry

Links and Resources: Do you have a question for Michael and Jerry? Please DM us at ⁠⁠⁠@mmelissinos⁠⁠⁠ or ⁠⁠⁠@rjparkerjr09⁠⁠⁠.

Mike's Links
⁠⁠⁠Substack⁠⁠⁠
⁠⁠⁠LinkedIn⁠⁠⁠
⁠⁠⁠Melissinos Trading LLC⁠⁠⁠

Jerry's Links
⁠⁠⁠LinkedIn⁠⁠⁠
⁠⁠⁠Chesapeake Capital⁠⁠⁠

Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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 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. For more information, please visit ⁠⁠⁠melissinostrading.com⁠⁠⁠ and ⁠⁠⁠chesapeakecapital.com⁠⁠⁠.
41 min
September 29, 2023 12: Have an Enemy
We're back after a two month hiatus. Mike and Jerry bring some heat on this episode.

Links and Resources: Do you have a question for Michael and Jerry? Please DM us at ⁠⁠@mmelissinos⁠⁠ or ⁠⁠@rjparkerjr09⁠⁠.

Mike's Links
⁠⁠Substack⁠⁠
⁠⁠LinkedIn⁠⁠
⁠⁠Melissinos Trading LLC⁠⁠

Jerry's Links
⁠⁠LinkedIn⁠⁠
⁠⁠Chesapeake Capital⁠⁠

Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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 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. For more information, please visit ⁠⁠melissinostrading.com⁠⁠ and ⁠⁠chesapeakecapital.com⁠⁠.

Thank you for listening.
55 min
July 31, 2023 11: Single Stocks Trend Following
Topics of discussion on this episode:
— CTA's vs Trend-Followers
— The combination of hard rules and philosophical guidelines
— Finding shorts in an equity bull market
— Exxon and Chevron

Links and Resources: Do you have a question for Michael and Jerry? Please DM us at ⁠⁠@mmelissinos⁠⁠ or ⁠⁠@rjparkerjr09⁠⁠.

Mike's Links
⁠⁠Substack⁠⁠
⁠⁠LinkedIn⁠⁠
⁠⁠Melissinos Trading LLC⁠⁠

Jerry's Links
⁠⁠LinkedIn⁠⁠
⁠⁠Chesapeake Capital⁠⁠

Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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 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. For more information, please visit ⁠melissinostrading.com⁠ and ⁠chesapeakecapital.com⁠.

Thank you for listening.
52 min
July 17, 2023 10: Make Tough Decisions Early & Trend-Following in Everyday Life
Topics of discussion on this episode:
— Make tough decisions right away. Waiting tends to compound the losses and opportunity costs similar to trading.
— Incorporate more trend-following into everyday life and decision-making. Mike provides examples with his one year old son.
— The best marketing is the best product.
— Chesapeake's ETF goes live (ticker TFPN)

Links and Resources: Do you have a question for Michael and Jerry? Please DM us at ⁠⁠@mmelissinos⁠⁠ or ⁠⁠@rjparkerjr09⁠⁠.

Mike's Links
⁠⁠Substack⁠⁠
⁠⁠LinkedIn⁠⁠
⁠⁠Melissinos Trading LLC⁠⁠

Jerry's Links
⁠⁠LinkedIn⁠⁠
⁠⁠Chesapeake Capital⁠⁠

Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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 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. For more information, please visit ⁠⁠melissinostrading.com⁠⁠ and ⁠⁠chesapeakecapital.com⁠⁠.

Thank you for listening.
32 min
July 10, 2023 09: Fed Error? Corn Market Chaos. Is More Data Better? What Was Jerry Like in 1990?
Topics of discussion on this episode:
— Capitalizing on the Fed's "error"
— The chaos of the corn market and how Mike and Jerry remain calm despite a frustrating few months
— Is more data useful to traders? What about false data? What can you trust in a world of false data?
— What was going on inside Jerry's head in his early days of running Chesapeake Capital

Links and Resources: Do you have a question for Michael and Jerry? Please DM us at ⁠⁠@mmelissinos⁠⁠ or ⁠⁠@rjparkerjr09⁠⁠.

Mike's Links
⁠⁠Substack⁠⁠
⁠⁠LinkedIn⁠⁠
⁠⁠Melissinos Trading LLC⁠⁠

Jerry's Links
⁠⁠LinkedIn⁠⁠
⁠⁠Chesapeake Capital⁠⁠

Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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 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. For more information, please visit ⁠⁠melissinostrading.com⁠⁠ and ⁠⁠chesapeakecapital.com⁠⁠.

Thank you for listening.
36 min
June 27, 2023 08: Let's Talk About OceanGate
We try our best to make this a family show, minus all of the f-bombs from Mike but we had to talk about the OceanGate disaster. Would this have happened if trend followers were involved in the design and testing? If they weren't involved, would they even get aboard? Jerry and Mike wouldn't, that's for sure. What questions would we ask the founder and design team during the process?

Links and Resources: Do you have a question for Michael and Jerry? Please DM us at ⁠⁠@mmelissinos⁠⁠ or ⁠⁠@rjparkerjr09⁠⁠.

Mike's Links
⁠⁠Substack⁠⁠
⁠⁠LinkedIn⁠⁠
⁠⁠Melissinos Trading LLC⁠⁠

Jerry's Links
⁠⁠LinkedIn⁠⁠
⁠⁠Chesapeake Capital⁠⁠

Michael Melissinos is the founder of Melissinos Trading and Jerry Parker is the founder and CEO of Chesapeake Capital Corp.
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 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. For more information, please visit ⁠⁠melissinostrading.com⁠⁠ and ⁠⁠chesapeakecapital.com⁠⁠.

Thank you for listening.
55 min