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New Books Network
The Library of Mistakes: A Conversation with Russell Napier
Mar 10, 2025
Russell Napier, a prominent academic and founder of the Library of Mistakes, delves into financial history's lessons for today's investors. He highlights the importance of understanding past crises like the 2008 crash and the COVID-19 pandemic to inform current investment strategies. Napier also advocates for the establishment of public libraries that foster community learning, emphasizing innovative approaches to make them accessible. His insights challenge conventional financial theories, promoting a blend of personal narratives and empirical data for better decision-making.
54:53
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Quick takeaways
- The Library of Mistakes, founded by Russell Napier, serves as a vital educational resource on financial history and its lessons.
- Financial history offers crucial insights for investors, helping them avoid past mistakes and improve decision-making based on historical patterns.
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