Each November, the brightest minds in Australia's funds...

Each November, the brightest minds in Australia's funds management get together and auction off their best stock ideas in the Annual Charity Calcutta.

The event's centrepiece is The Golden Bull, a stock-picking event run by the Australian Fund Managers Foundation (AFMA) featuring the big hitters in the local funds management community. Whilst competition is healthy, the main game is to raise valuable funds for Odyssey House and Sydney Children's Hospital.

Pick #6 Jumbo Interactive (ASX:JIN)
Fundie: Wavestone Capital
Wavestone Capital, led by Hall-of-Famer Catherine Allfrey and Raaz Bhuyan, has been beating the market for the past 15 years. Their long and short-term performance is incredible, their Australian Share fund has returned 12% a year since inception compared to the ASX300’s 9% return. Last years selection NIB Holdings returned 70%!

The team this year is selecting Jumbo Interactive (JIN) to fly over the next 12 months. The digital lottery ticket seller has solved its licensing issues for the next decade, and as jackpots get bigger and bigger, thanks to slight tweaks to the games, the Wavestone team thinks Jumbo can keep all those new customers they picked up through the lockdowns, and smash the markets earnings expectations.