Rephonic
Artwork for Hard Lessons

Hard Lessons

Morgan Stanley
Real Estate
Pharmaceutical Industry
E-Commerce
Hilton Hotels
Blackstone
Claritine
Morgan Stanley
Dot-Com Bubble
Digital Infrastructure
Energy Infrastructure
Life Sciences
Autonomous Vehicles
Zetia
Multiple Sclerosis
Biotechnology
Merck
Earnings Quality
Investment Strategy
Industrial Real Estate
Senior Housing

A new series where iconic investors reveal the critical moments that have shaped who they are today.

PublishesWeeklyEpisodes6Founded3 months ago
Number of ListenersCategories
BusinessInvesting

Listen to this Podcast

Artwork for Hard Lessons

Latest Episodes

BlackRock’s CIO of Global Fixed Income shares what he learned about investment sizing, liquidity and discipline by investing in breakthrough technologies and managing painful losses. He explains what drives long-term returns and why it’s critical to ... more

Legendary macro investor Stan Druckenmiller sits down with Iliana Bouzali, Global Head of Derivatives Distribution and Structuring at Morgan Stanley, to reflect on his early career and how he learned to act decisively and change course quickly when t... more

In this episode of Morgan Stanley’s Hard Lessons, Lauren Hochfelder, Global Head of Real Assets at Morgan Stanley, speaks with Chief Client Officer Mandell Crawley about her out-of-consensus calls and the lessons learned from those transformative con... more

Wellington Management CEO Jean Hynes joins Amy Ellis, Morgan Stanley’s Global Head of Senior Relationship Management, for a candid look at the pivotal investment calls that defined Jean’s career as an analyst and portfolio manager in biotech. One of ... more

Key Facts

Accepts Guests
Accepts Sponsors
Contact Information
Podcast Host
Number of Listeners
Find out how many people listen to this podcast per episode and each month.

Similar Podcasts

People also subscribe to these shows.

The Memo by Howard Marks
The Memo by Howard MarksOaktree Capital Management
Capital Allocators – Inside the Institutional Investment Industry
Capital Allocators – Inside the Institutional Investment IndustryTed Seides – Allocator and Asset Management Expert
Value Investing with Legends
Value Investing with LegendsColumbia Business School

Recent Guests

Rick Rieder
Chief Investment Officer of Global Fixed Income and head of the Global Allocation Investment Team at BlackRock
BlackRock
Episode: Rick Rieder: The Market Doesn’t Care If You’re Right
Stan Druckenmiller
Legendary macro investor, former head of Duquesne Capital
Duquesne Family Office
Episode: Stan Druckenmiller: Invest, Then Investigate
Dan Simkowitz
Co-president of Morgan Stanley
Morgan Stanley
Episode: Jon Gray: Stay Calm, Stay Positive, Never Give Up
Christine Anderson
Head of Corporate Affairs
Blackstone
Episode: Jon Gray: Stay Calm, Stay Positive, Never Give Up

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#122
United States/Business/Investing
Apple Podcasts
#107
United Kingdom/Business/Investing
Apple Podcasts
#201
Canada/Business/Investing
Apple Podcasts
#248
United Kingdom/Business
Apple Podcasts
#24
South Korea/Business/Investing
Apple Podcasts
#32
Singapore/Business/Investing
Apple Podcasts
#53
Hong Kong/Business/Investing
Apple Podcasts
#59
Russia/Business/Investing
Apple Podcasts
#62
Poland/Business/Investing
Apple Podcasts
#71
Finland/Business/Investing
Apple Podcasts
#71
Brazil/Business/Investing
Apple Podcasts
#76
South Korea/Business
Apple Podcasts
#91
Norway/Business/Investing
Apple Podcasts
#95
Singapore/Business
Apple Podcasts
#108
Indonesia/Business/Investing
Apple Podcasts
#125
Philippines/Business/Investing
Apple Podcasts
#144
Spain/Business/Investing
Apple Podcasts
#154
Hong Kong/Business
Apple Podcasts
#155
Switzerland/Business/Investing
Apple Podcasts
#165
Chile/Business/Investing
Apple Podcasts
#186
Ukraine/Business/Investing
Apple Podcasts
#209
Israel/Business/Investing
Apple Podcasts
#210
Brazil/Business
Apple Podcasts
#210
Japan/Business/Investing
Apple Podcasts
#210
South Africa/Business/Investing
Apple Podcasts
#212
Ireland/Business/Investing
Apple Podcasts
#228
Argentina/Business/Investing
Apple Podcasts
#229
Finland/Business
Apple Podcasts
#230
Taiwan/Business/Investing
Apple Podcasts
#232
Poland/Business
Apple Podcasts
#232
Denmark/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Jean Hynes: Dig Deep and Hold Your Position
Q: What did you learn when Elon opened up down 90%?
Jean emphasized the importance of understanding all potential risks and the financial implications in the pharmaceutical sector when faced with high-risk investments.
Jean Hynes: Dig Deep and Hold Your Position
Q: Can you set the stage now for us on a bet that you made and how it worked out for you?
Jean shares her investment story regarding Claritin and its patent expiration, as well as her belief in Zetia's potential as a complementary treatment for patients who couldn't tolerate higher doses of their statin medications.
Lauren Hochfelder: Predict How People Will Live Tomorrow
Q: What is the hardest lesson you've ever learned?
The hardest lessons involve understanding the interplay between human nature and investing, including the importance of organizational structure and aligning incentives.
Jon Gray: Stay Calm, Stay Positive, Never Give Up
Q: What is the hardest career lesson you've faced?
The loss of a colleague during a mass shooting, highlighting the importance of supporting each other in times of personal and emotional crisis.
Jon Gray: Stay Calm, Stay Positive, Never Give Up
Q: Was there a key lesson from your Hilton investment?
Don't put too much leverage on a great business so you can sustain and survive market downturns.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
Location
Interests
Professions
Age Range
Household Income
Social Media Reach

Frequently Asked Questions About Hard Lessons

What is Hard Lessons about and what kind of topics does it cover?

The series showcases legendary investors sharing defining moments, decision frameworks, and hard-won lessons from market crises, bold bets, and long-term thinking. Conversations balance personal storytelling with practical takeaways on risk management, conviction vs. humility, and how macro twists intersect with bottom-up analysis. Across episodes, topics span disruptive tech adoption, biotech and pharma investing, real estate and capital allocation, and the psychology of navigating volatility and changing market regimes. The format tends to blend vivid retrospective anecdotes with actionable insights for portfolio construction, crisis navigation, and evaluating management teams and business models. A notable strength is the ability to tran... more

Where can I find podcast stats for Hard Lessons?

Rephonic provides a wide range of podcast stats for Hard Lessons. We scanned the web and collated all of the information that we could find in our comprehensive podcast database. See how many people listen to Hard Lessons and access YouTube viewership numbers, download stats, audience demographics, chart rankings, ratings, reviews and more.

How many listeners does Hard Lessons get?

Rephonic provides a full set of podcast information for three million podcasts, including the number of listeners. View further listenership figures for Hard Lessons, including podcast download numbers and subscriber numbers, so you can make better decisions about which podcasts to sponsor or be a guest on. You will need to upgrade your account to access this premium data.

What are the audience demographics for Hard Lessons?

Rephonic provides comprehensive predictive audience data for Hard Lessons, including gender skew, age, country, political leaning, income, professions, education level, and interests. You can access these listener demographics by upgrading your account.

How many subscribers and views does Hard Lessons have?

To see how many followers or subscribers Hard Lessons has on Spotify and other platforms such as Castbox and Podcast Addict, simply upgrade your account. You'll also find viewership figures for their YouTube channel if they have one.

How many episodes of Hard Lessons are there?

Hard Lessons launched 3 months ago and published 6 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact Hard Lessons?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

Where can I see ratings and reviews for Hard Lessons?

Rephonic pulls ratings and reviews for Hard Lessons from multiple sources, including Spotify, Apple Podcasts, Castbox, and Podcast Addict.

View all the reviews in one place instead of visiting each platform individually and use this information to decide if a show is worth pitching or not.

How do I access podcast episode transcripts for Hard Lessons?

Rephonic provides full transcripts for episodes of Hard Lessons. Search within each transcript for your keywords, whether they be topics, brands or people, and figure out if it's worth pitching as a guest or sponsor. You can even set-up alerts to get notified when your keywords are mentioned.

What guests have appeared on Hard Lessons?

Recent guests on Hard Lessons include:

1. Rick Rieder
2. Stan Druckenmiller
3. Dan Simkowitz
4. Christine Anderson

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

Find and pitch the right podcasts

We help savvy brands, marketers and PR professionals to find the right podcasts for any topic or niche. Get the data and contacts you need to pitch podcasts at scale and turn listeners into customers.
Try it free for 7 days