Based in Edinburgh, with branches in Switzerland and India, the Library of Mistakes is a free public library designed to improve understanding of finance (and life in general), one mistake at a time. In this podcast series the Library's Keeper, Professor Russell Napier, speaks to authors of some of the most interesting books in the ever-expanding collection exploring insights into finance, business, society and human nature. Fascinating, educational and often rather funny.
Produced and edited by Fraser Allen (www.allencomms.co.uk)
Voiceover by Mary Duffy.
EP 6 Hard Times In The 21st Century (with Helen Thompson)
Disorder, a new book by the political economist Helen Thompson, has made waves with its depiction of the long history behind the world's current political challenges. Helen's view is that the disruption experienced in geopolitics, the world economy and western democracies has come together in one big surge of turbulence. It also suggests that, even as the world moves towards greener energy, the predicaments cause by our reliance on fossil fuels will not go away. It's a fascinating book and a lively discussion with Professor Russell Napier, who starts by asking Helen how she believes that the international capital flows of the very wealthy have impacted upon western democracy.
This episode is a great listen for anyone interested in what really makes the world tick.
For more information on the Advanced Valuation in Financial Markets course mentioned by Russell, please see www.diaskoeducation.org.
Ep 5 The Economics of the Stock Market (with Andrew Smithers)
Andrew Smithers first dabbled in the stock market as a schoolboy in the 1950s, and grew into one of the most respected economics commentators of his generation. As well as running S G Warburg's asset management business (now part of Black Rock) for many years, he was a columnist for The Financial Times and has written several books. His latest – The Economics of the Stock Market – focuses on the difference between corporate net worth and market valuation, and the discrepancies between the theory and the practice.
This episode is a must-listen for anyone interested in the markets, with the interview expertly conducted by Professor Russell Napier.
For more information on the Advanced Valuation In Financial Markets course mentioned by Russell, please see www.didaskoeducation.org.
Ep 4 Back from the Brink (with Lord Darling)
Lord Darling opens the new Library of Mistakes in Edinburgh, and explains to business journalist and author Ray Perman what it was like to be Chancellor of the Exchequer during the global financial crisis, as the UK banking system teetered on the edge of collapse. A highly entertaining listen for anyone interested in banking, politics and people.
Ep 3: Adapting to the New Economic World Order (Hidden Forces v Russell Napier)
This is a special episode, republished by kind permission of the Hidden Forces podcast series, in which Demetri Kofinas interviews our very own Professor Russell Napier about how investors should prepare for the greatest economic and financial revolution in 100 years. A great listen, particularly for investment experts and enthusiasts.
Ep 2: The Financial Cold War (with James Fok)
As the West seeks to punish Russia for its invasion of Ukraine through financial sanctions, Russell Napier meets an expert on how this kind of warfare tends to play out. In a timely and thought-provoking discussion, he puts the questions to James Fok, author of Financial Cold War – A View of Sino-US Relations from the Financial Markets. A great listen, particularly for finance experts and enthusiasts.
Ep 1: Iceland's Secret (with Jared Bibler)
In this first episode of the Library of Mistakes podcast series, Russell Napier explores the 2008 financial collapse of Iceland with Jared Bibler, author of Iceland's Secret – The Untold Story Of The World's Biggest Con. After moving from the US financial world to Iceland in search of a quieter life, Jared found himself working for the nation's tiny, cash-strapped regulator, digging into multi-billion-dollar crimes carried out by top executives. His page-turner of a book provides a fascinating basis for this entertaining discussion.
Tons of great information.