{"id":73968,"date":"2026-07-07T10:47:07","date_gmt":"2026-07-07T17:47:07","guid":{"rendered":"https:\/\/penderfund.com\/?post_type=podcasts&p=73968"},"modified":"2026-07-07T10:58:43","modified_gmt":"2026-07-07T17:58:43","slug":"pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process","status":"publish","type":"podcasts","link":"https:\/\/penderfund.com\/fr\/podcasts\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\/","title":{"rendered":"Pender Podcast - World Cup Series - The Tournament Problem: Luck, Skill & Process"},"content":{"rendered":"

When perceived advantages don't always equate to results.<\/p>\n

In the third episode of Pender's World Cup Series, Senior Equity Analyst Felix Narhi joins host Laura Baker to explore why being the favourite can become a liability and what underdog teams like Cabo Verde and Team Canada reveal about the structural advantages of playing with freedom, finding mispriced bets, and building a culture that outlasts any strategy.<\/p>","protected":false},"featured_media":73970,"template":"","meta":{"_acf_changed":false},"fund-type":[],"topics":[183],"class_list":["post-73968","podcasts","type-podcasts","status-publish","has-post-thumbnail","hentry","topics-pender-podcast"],"acf":[],"yoast_head":"\nPender Podcast - World Cup Series - The Tournament Problem: Luck, Skill & Process - PenderFund Capital Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/penderfund.com\/fr\/podcasts\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pender Podcast - World Cup Series - The Tournament Problem: Luck, Skill & Process\" \/>\n<meta property=\"og:description\" content=\"When perceived advantages don't always equate to results. In the third episode of Pender's World Cup Series, Senior Equity Analyst Felix Narhi joins host Laura Baker to explore why being the favourite can become a liability and what underdog teams like Cabo Verde and Team Canada reveal about the structural advantages of playing with freedom, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/penderfund.com\/fr\/podcasts\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\/\" \/>\n<meta property=\"og:site_name\" content=\"PenderFund Capital Management\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/penderfund\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-07T17:58:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/penderfund.com\/wp-content\/uploads\/2026\/07\/Pender-Podcast-World-Cup-Series-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"850\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimation du temps de lecture\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\\\/\",\"url\":\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\\\/\",\"name\":\"Pender Podcast - World Cup Series - The Tournament Problem: Luck, Skill & Process - PenderFund Capital Management\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/penderfund.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/penderfund.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Pender-Podcast-World-Cup-Series-2.png\",\"datePublished\":\"2026-07-07T17:47:07+00:00\",\"dateModified\":\"2026-07-07T17:58:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\\\/#breadcrumb\"},\"inLanguage\":\"fr-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-CA\",\"@id\":\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\\\/#primaryimage\",\"url\":\"https:\\\/\\\/penderfund.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Pender-Podcast-World-Cup-Series-2.png\",\"contentUrl\":\"https:\\\/\\\/penderfund.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/Pender-Podcast-World-Cup-Series-2.png\",\"width\":850,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/pender-podcast-world-cup-series-the-tournament-problem-luck-skill-process\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/penderfund.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Podcasts\",\"item\":\"https:\\\/\\\/penderfund.com\\\/podcasts\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Pender Podcast - World Cup Series - The Tournament Problem: Luck, Skill & Process\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/penderfund.com\\\/#website\",\"url\":\"https:\\\/\\\/penderfund.com\\\/\",\"name\":\"PenderFund Capital Management\",\"description\":\"Forward thinking. 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