Why currency hedging is important for small investors - with Stuart Thomas of Precidian

We meet Stuart Thomas of Precidian Investments to learn about the importance of being currency-hedged. We look at what currency hedging is and how to, when you buy a stock listed in a different currency from your own, mitigate the additional risks of currency fluctuation. 🎧 Subscribe and stay updated with insights from leading investors, fund managers, and innovators. #Currencies #Forex #Hedging #Trading #GBP #USD Listen on: Spotify - https://open.spotify.com/show/2vfaIsYhqcRejpjWNqYF6f Apple Podcasts - https://podcasts.apple.com/gb/podcast/the-armchair-trader-podcast/id1454640070 Amazon - https://music.amazon.co.uk/podcasts/68a66097-24d8-403e-a86f-70fab0d2d686/The-Armchair-Trader-Podcast SoundCloud - https://soundcloud.com/armchairtrader/ Follow us: BlueSky - https://bsky.app/profile/thearmchairtrader.com Linkedin - https://www.linkedin.com/company/10429893 Instagram - https://www.instagram.com/armchairtrader Facebook - https://www.facebook.com/TheArmchairTrader 00:00 Intro to Precidian Investments 04:39 What is currency hedging? 07:57 What currency risks are investors exposed to? 10:33 How can traders reduce your currency risks? 13:14 Are there enough ETFs outside the USA? 14:51 Managing the costs and fees of currency hedging 16:53 Does currency hedging matter for intraday traders? 18:27 Does it matter to me? 20:00 ADRs vs. forex futures 23:08 What can go wrong?