Lessons From Reading 300 Years Of Finance Books

What’s the secret behind beating the market? It's a question many ask, but who really knows the answer? James Taylor, co-author of ‘Invested: How Three Centuries of Stock Market Advice Reshaped Our Money, Markets, and Mind’, looks at why, despite the rise of passive investing, so many people are still obsessed with active investing, outperforming the market, and how the same marketing strategies that were used all those years ago are still enticing people today.

James's book: https://amzn.to/3OiSlvJ

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Disclaimer:
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:
00:00-00:25 - Intro
00:25-07:00 - Every Man His Own Broker
07:00-14:18 - Outsiders vs insiders
14:18-19:01 - Who do you trust?
19:01-24:22 - Financial advice and self-improvement
24:22-24:58 - Sensate ad
24:58-29:46 - Language
29:46-37:27 - Why are we obsessed with beating the market?
37:27-38:21 - Unbiased ad
38:21-43:55 - What has changed in 300 years?
43:55-48:41 - Is the genre positive or negative?
48:41-52:38 - The rise of passive investing
52:38-58:17 - GameStop and the 2008 financial crisis