The hobbies of British tennis stars at Wimbledon this year include ancient philosophy, crypto investing, and mini golf. Ryan Peniston, Alastair Gray, and Yuriko Miyazaki shared what they get up to when not playing the sport. Southend-born Peniston is a big TV and movie nerd and a fan of the Marvel franchise. Gray is into cryptocurrencies and runs through the Marvel series from the first one. Miyazaki, who recently switched her sporting allegiance from Japan to Great Britain, enjoys playing piano, golf, and reading about Roman philosophy. She said she applies her philosophical learnings to her tennis game, which gives her useful perspectives on life.
Investors can take advantage of the growing popularity of unusual hobbies by investing in related companies. For instance, Cryptocurrency enthusiasts can invest in companies like Coinbase, one of the world’s largest cryptocurrency exchanges, or digital currency-focused hedge fund Pantera Capital. Film and television companies like Disney can benefit from fans of the Marvel series. Fintech firms like Robinhood can enable people to trade cryptocurrencies easily. Investors can also consider investing in companies catering to the mini-golf or leisure industry, such as Topgolf, which offers interactive golf games and food at its venues.
Although hobbies may seem trivial, in the age of social media, people are discovering the value of showcasing their passions. Consequently, investors can benefit from the popularity of leisure activities or interests by investing in firms that cater to these areas. Investors should note these companies’ financial performance before investing and assess whether their stock prices are undervalued. Using a wealth manager or investing in exchange-traded funds covering the sectors can reduce risk.
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