Unhedged: An ode to stock picking
Topics discussed
Sponsor: Hard Lessons podcast
Introduction to the FT Stock Picking Game
The debate: Active vs. Passive investing
Meet the hosts: Katie, Rob, and Nathan
Hosts' past experiences with the game
New game features and rules
Game statistics and participant numbers
Case study: The rise and fall of Woody 5.0
Behavioral mistakes: Over-trading and recency bias
Case study: The fundamentalist winner Swapnil
The luck of the draw in short-term contests
The decline of active fund management
Data on fund persistence and median stock performance
Blurring lines between active and passive funds
How to sign up for the next competition
Sign-off and transition to Long Short
Long Short: Nathan is short the UK Budget timing
Long Short: Rob is long stock pickers, short kids
Kids in NPR podcast comments section
Upcoming episodes and sponsor: Strategic Alternatives
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