Playing FTSE

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► About Playing FTSE:
What's happening in the markets — and why should you care? We break down the week's biggest financial news, stocks, and economic mayhem in a way that's actually enjoyable to listen to. No jargon, no waffle, just straight-talking chat about money, markets, and the madness in between.

For people who want to get smarter about investing — without wanting to fall asleep.

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► Timestamps:

0:00 INTRO & OUR WEEKS
6:24 ABF / PRIMARK DEMERGE
18:21 INTUITIVE SURGICAL
39:46 NETFLIX
52:14 SK HYNIX

► Show Notes:

Why isn’t Molina Healthcare helping Steve W’s ISA? Find out on this week’s PlayingFTSE Show!

Both Steves are down this week. But there’s always someone worse off than you and this week, it’s the people who own the FTSE 100.

The FTSE 100 is getting an exciting new retailer – Associated British Foods is demerging Primark. Both Steves are interested (but don’t call it an IPO).

It’s unusual for investors to get to buy shares in a retailer that hasn’t reached saturation. But what’s the big issue Steve W’s waiting to find out about?

Intuitive Surgical is one of the S&P 500’s best businesses. But the company has been catching up to its valuation in the last few years.

Steve D’s checking in, though, and things are going incredibly well. And there’s lots to like about its growth ambitions as well…

Netflix is a stock that we always keep an eye on But the market didn’t like something about its latest earnings report.

Steve W’s been having a look. And he’s violently opposed to the idea that the firm is the big loser in the Warner Brothers Discovery deal.

Memory demand has exploded and SK Hynix has been one of the leaders. And it’s the show’s first South Korean stock!

Steve D’s been digging into this one. But is the firm’s huge exposure to Nvidia a good thing or a cause for concern?

Only on this week’s PlayingFTSE Podcast!

Playing FTSE is for entertainment purposes only and does not constitute financial advice. Please consult a qualified financial professional before making investment decisions.

► Get a free fractional share!

This show is sponsored by Trading 212! To get free fractional shares worth up to 100 EUR / GBP, you can open an account with Trading 212 through this link https://www.trading212.com/Jdsfj/FTSE. Terms apply.

When investing, your capital is at risk and you may get back less than invested.
Past performance doesn’t guarantee future results.

► Get 15% OFF Fiscal.ai:

Huge thanks to our sponsor, Fiscal.ai, the best investing toolkit we've discovered! Get 15% off your subscription with code below and unlock powerful tools to analyze stocks, discover hidden gems, and build income streams. Check them out at Fiscal.ai!

https://fiscal.ai/?via=steve

► Follow Us On Substack:

Sign up for our Substack and get light-hearted, info-packed discussions on everything from market trends and investing psychology to deep dives into different asset classes. We’ll analyse what makes the best investors tick and share insights that challenge your thinking while keeping things engaging.

You’ll also find our new 10-week investing and research course available right now. It’s completely free, with no sign-up required, no payment, and none of the usual BS. Don't miss out. Join us today and get stuck in.

https://playingftse.substack.com/

► Support the show:

Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse

(All proceeds reinvested into the show and not to coffee!)

► Timestamps:

0:00 INTRO & OUR WEEKS
2:48 NIALL INTRO
11:58 NIALLS FAVE SUBSTACKS 
16:37 INVESTING STYLE 
23:17 WHEN DOES VALUATION TRUMP UNDERSTANDING
28:31 PORTFOLIO & CYCLES 
43:47 SAINSBURY & UK HOUSEBUILDERS 
56:26 ANGLO AMERICAN 
1:03:07 DEERE
1:15:24 QUICKFIRE ROUND

► Show Notes:

Who’s living in denial? Find out on this week’s PlayingFTSE Show!

We have an interview lined up for this week – it’s Niall from the ShowMeTheValue Substack. He also posts on Trading212 as ‘Anathema’ so check him out over there!
In an hour and a half, we covered a lot. This included what the best Substacks are (besides ours), a breakdown of Niall’s portfolio, and what’s wrong with Berkshire Hathaway.

The time flew by for us and hopefully it will for you, too. Be sure to check out Niall’s Substack at http://www.showmethevalue.substack.com

Only on this week’s PlayingFTSE Podcast!

► Wanna get in contact?

Got a question for us? Drop it in the comments below or reach out to us on Instagram: https://www.instagram.com/playing_ftse/

► Enquiries:

Please email - playingftsepodcast@gmail(dot)com

► Disclaimer:

This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.

► Get a free fractional share!

This show is sponsored by Trading 212! To get free fractional shares worth up to 100 EUR / GBP, you can open an account with Trading 212 through this link https://www.trading212.com/Jdsfj/FTSE. Terms apply.

When investing, your capital is at risk and you may get back less than invested.
Past performance doesn’t guarantee future results.

► What's on the show

What is Knowledge Transmission? Find out on this week’s PlayingFTSE Show!

It’s been quite the week in the stock market. There’s not much between the FTSE 100 and the S&P 500, but one of the Steves is there…

We’re locking in our changes to the Britbox. And there’s been a change since the recording of the show to update with.

Senior is no longer a stock in transition. As we were recording, the firm announced a takeover deal – so we didn’t manage to cover that!

One change each for the Eurobox. But can we turn around the faltering portfolio by selling a stock that’s up 100%?

Steve W’s looking to out-of-favour Wolters Kluwer. And Steve D sees Spotify at a big discount.

Shares in Gamma Communicationssruged this week. But it had nothing to do with the ceasefire between the US and Iran.

The company is in takeover talks. So Steve W is up on his position from last week, but he has a bigger problem now…

Steve D’s recently added Rubrik to his portfolio. It’s a company in a very promising industry, but the stock has been falling.

Compared to other SAAS names it looks very attractive. So why has the CFO been selling a stake in the last few days?

Unilever shares fell as the firm announced plans to sell its food division. And it’s not hard to see why.

The deal isn’t a clean break for the FTSE 100 company or its shareholders. But as the dividend yield hits 4%, Steve W is on the lookout for potential value.

Only on this week’s PlayingFTSE Podcast!

► Get 15% OFF Fiscal.ai:

Huge thanks to our sponsor, Fiscal.ai, the best investing toolkit we've discovered! Get 15% off your subscription with code below and unlock powerful tools to analyze stocks, discover hidden gems, and build income streams. Check them out at Fiscal.ai!

https://fiscal.ai/?via=steve

► Follow Us On Substack:

Sign up for our Substack and get light-hearted, info-packed discussions on everything from market trends and investing psychology to deep dives into different asset classes. We’ll analyse what makes the best investors tick and share insights that challenge your thinking while keeping things engaging.

You’ll also find our new 10-week investing and research course available right now. It’s completely free, with no sign-up required, no payment, and none of the usual BS. Don't miss out. Join us today and get stuck in.

https://playingftse.substack.com/

► Support the show:

Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse

(All proceeds reinvested into the show and not to coffee!)

► Timestamps:

0:00 INTRO & OUR WEEKS
5:38 COMPETITION WINNERS
8:16 EUROBOX UPDATES
17:17 BRITBOX UPDATES
27:15 GAMMA
41:29 RUBRIK
59:13 UNILEVER

► Show Notes:

What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy

► Wanna get in contact?

Got a question for us? Drop it in the comments below or reach out to us on Instagram: https://www.instagram.com/playing_ftse/

► Enquiries:

Please email - playingftsepodcast@gmail(dot)com

► Disclaimer:

This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.

How can you get a free t-shirt and a copy of Poor Charlie’s Almanack? Find out on this week’s PlayingFTSE Show!

It’s that time of the year where we reflect on how badly Q1 has gone. And it hasn’t gone well – but it’s better than some have managed.

Steve W’s lost 6% this quarter. But he’s made two big moves out of cyclical stocks that have done well and into tech. 

The timing hasn’t been perfect, but if it hasn’t been terrible. The question, though, is what his plans for the new ISA season are.

Steve D is down 6.6% in Q1. But he’s been using some weakness in share prices to add to existing names in a pretty big way.

Adyen dropping has been the big story and the dip has been well and truly bought. More surprising, though, is the name he’s been selling…

The Eurobox has had a terrible three months. You can count the stocks that are up on the fingers of one hand (and the ones Steve W chose using your thumb).

Things would have been even worse if we’d stuck with the names we cut at the start of the year. So is it time to cut bait with some more losers? 

The Britbox is largely flat, despite the FTSE 100 being up significantly. And this time the winners and losers are spread across the board. 

We’re looking at one change each this quarter, both coming from names that we’ve talked about before. But what’s getting sold to make way?

Only on this week’s PlayingFTSE Podcast!

► Get a free fractional share!

This show is sponsored by Trading 212! To get free fractional shares worth up to 100 EUR / GBP, you can open an account with Trading 212 through this link https://www.trading212.com/Jdsfj/FTSE. Terms apply.

When investing, your capital is at risk and you may get back less than invested.
Past performance doesn’t guarantee future results.

► Get 15% OFF Fiscal.ai:

Huge thanks to our sponsor, Fiscal.ai, the best investing toolkit we've discovered! Get 15% off your subscription with code below and unlock powerful tools to analyze stocks, discover hidden gems, and build income streams. Check them out at Fiscal.ai!

https://fiscal.ai/?via=steve

► Follow Us On Substack:

Sign up for our Substack and get light-hearted, info-packed discussions on everything from market trends and investing psychology to deep dives into different asset classes. We’ll analyse what makes the best investors tick and share insights that challenge your thinking while keeping things engaging.

You’ll also find our new 10-week investing and research course available right now. It’s completely free, with no sign-up required, no payment, and none of the usual BS. Don't miss out. Join us today and get stuck in.

https://playingftse.substack.com/

► Support the show:

Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse

(All proceeds reinvested into the show and not to coffee!)

► Timestamps:

0:00 INTRO & OUR WEEKS
4:13 COMPETITION
5:48 STEVE W’S PORTFOLIO
24:26 STEVE D’S PORTFOLIO
44:37 EUROBOX
53:07 BRITBOX

► Show Notes:

What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy

► Wanna get in contact?

Got a question for us? Drop it in the comments below or reach out to us on Instagram: https://www.instagram.com/playing_ftse/

► Enquiries:

Please email - playingftsepodcast@gmail(dot)com

► Disclaimer:

This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.

When should you fire your fund manager? Find out on this week’s PlayingFTSE Show!

Both Steves were pleasantly surprised when they looked at their portfolios this week. Neither is good, but Steve D has done less badly than most.

We had a request to talk about what the UK’s Warren Buffett has been saying recently. So Steve W checked out the Fundsmith Meeting.

There were no excuses, apparently. But is Terry Smith right about AI, or is this going to be the latest obstacle for the fund?

3i – one of the FTSE 100’s top-performers in recent years – crashed this week. And Steve D’s been looking at why. 

Like-for-like sales growth in its key subsidiary – Action – is set to be modest. So is it really worth an EBITDA multiple of 18.5?

Diploma – one of the UK’s top growth stocks – continues to go from strength to strength. The firm has upped its guidance for 2026. 

There’s no question this is a strong sign, but how much of it is a cyclical boost? And why is the company’s model for organic growth so low?

Only on this week’s PlayingFTSE Podcast!

► Get a free fractional share!

This show is sponsored by Trading 212! To get free fractional shares worth up to 100 EUR / GBP, you can open an account with Trading 212 through this link https://www.trading212.com/Jdsfj/FTSE. Terms apply.

When investing, your capital is at risk and you may get back less than invested.
Past performance doesn’t guarantee future results.

► Get 15% OFF Fiscal.ai:

Huge thanks to our sponsor, Fiscal.ai, the best investing toolkit we've discovered! Get 15% off your subscription with code below and unlock powerful tools to analyze stocks, discover hidden gems, and build income streams. Check them out at Fiscal.ai!

https://fiscal.ai/?via=steve

► Follow Us On Substack:

Sign up for our Substack and get light-hearted, info-packed discussions on everything from market trends and investing psychology to deep dives into different asset classes. We’ll analyse what makes the best investors tick and share insights that challenge your thinking while keeping things engaging.

You’ll also find our new 10-week investing and research course available right now. It’s completely free, with no sign-up required, no payment, and none of the usual BS. Don't miss out. Join us today and get stuck in.

https://playingftse.substack.com/

► Support the show:

Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse

(All proceeds reinvested into the show and not to coffee!)

► Timestamps:

0:00 INTRO & OUR WEEKS
7:08 FUNDSMITH
25:09 3I
45:51 DIPLOMA

► Show Notes:

What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy

► Wanna get in contact?

Got a question for us? Drop it in the comments below or reach out to us on Instagram: https://www.instagram.com/playing_ftse/

► Enquiries:

Please email - playingftsepodcast@gmail(dot)com

► Disclaimer:

This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.