The Pain Trade Podcast
Subscribe in ParasocialFree on the App Store for iPhone, iPad and Mac. No subscription needed. Once it is installed, tap this link again and the show is yours. Already have it? Open in Parasocial.
About
The Pain Trade Podcast — what it costs, and what it pays.In markets, the pain trade is the position that hurts to hold, and pays because it hurts. Every field has one: the last rep, the lean years, the comeback nobody expected.Weekly in-studio conversations with people who overcame what should have broken them — in business, in markets, in health, in life.Hosted by Michael A. Gayed, CFA — active portfolio manager, five-time Dow Award winner, founder of Lead-Lag Media, and publisher of The Lead-Lag Report.Health, fitness, finance, entrepreneurship, and the struggle that connects them. New episodes weekly.
Also on
Recent episodes
- Jeremy Schwartz, WisdomTree CIO: Growth vs Value, Home Bias & the Next 20 Years
- Where the Next Decade of Alpha Lives Outside the US | Hervé Van Caloen, Mercator Investment Management
- Smart Beta Meets China: Building Better Factor Exposure | Jason Hsu, Fujia Liu & Tony Yang
- The Rate-Cut Divergence Nobody's Pricing In | Live Sector Scans with TrendSpider Sidekick
- Alex Shahidi: Commodity Producers, Inflation & the RPAR/UPAR Case
- Alex Shahidi: Gold, Risk Parity & Why 60/40 Is Broken
- Jay Hatfield, InfraCap: Preferreds, MLPs & Small-Cap Setup H2 2026
- Jay Hatfield: S&P 9,000, CPI Negative, Three Rate Cuts (PFFA, AMZA, QVOL)
- Daniel Santiago (State Street): Sector ETFs, S&P Concentration, and Reading the Cycle
- Phil Wool, Rayliant — Active EM Investing & Factor Strategies