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.