Is There a Right Way to Invest?

Making Money Podcast

Making Money Podcast

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What can history teach us about investing? Is there a right way? Russell Napier—financial historian, author of The Anatomy of the Bear, and founder of the Library of Mistakes—shares what centuries of market behavior reveal about asset allocation, financial repression, and why even the smartest investors get it wrong.

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This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.

Chapters:
00:00 – The Big Mistake in Finance
05:35 – How Human Behaviour Drives Markets
10:42 – The Real Returns of the Stock Market
13:44 – Who Should You Trust for Financial Advice?
17:48 – Tide Ad
18:46 – What Makes Someone a Financial Expert?
21:35 – The Impact of Passive Investing on the Market
24:03 – The Government Wants To Tell You Where To Invest
30:40 – What If Financial Repression Returns?
30:04 – Vanta Ad
30:59 – Lessons from History on Financial Repression
35:13 – Why Timing the Top Is a Fool’s Game
40:39 – What Really Drives Inflation?
44:19 – Was Targeting 2% Inflation a Mistake?
50:50 – 5 Ways to Lower the Debt-to-GDP Ratio
57:56 – What’s Next for the UK Economy?
01:01:06 – Are We Entering a Bear Market?
01:05:41 – Top Picks from the Library of Mistakes
01:07:42 – Where Should Beginners Start?