Unhedged Our 2024 stock picks
16 snips
Jan 21, 2025 The hosts humorously kick off their stock picks for 2024, intertwining market insights with political commentary. They dive into the thrill of an annual stock-picking contest, sharing wild experiences with cryptocurrencies like MicroStrategy and Coinbase. Reflecting on past investment blunders, they discuss the complexities of stock picking and the importance of research. With a cheeky take on strategic ambiguity, they highlight the need for engaging media. Plus, a lighthearted debate ensues over the merits of indulging in pricey pastries from Gales Bakery.
AI Snips
Chapters
Transcript
Episode notes
Kadhim's Crypto Wins
- Kadhim Shubber won the FT's stock-picking contest two years in a row by betting on crypto.
- His rationale for picks like MicroStrategy, Nvidia, and Coinbase was simply "Moon."
Contest Strategy
- Kadhim believes the stock-picking contest prioritizes interesting picks over correct ones.
- He recommends choosing volatile stocks for maximum impact, win or lose.
Katie's Poor Performance
- Katie Martin nearly finished last in the competition, despite being the FT's markets columnist.
- Her long positions in ASML and Persimmon initially performed well but later declined.