200) Andrew Craig - The Truth About Your Financial Future

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Aug 13, 2023

In this illuminating conversation, Andrew Craig, an ex-investment banker and founder of Plain English Finance, shares his insights on navigating today’s economic landscape. He discusses inflation manipulation and the challenges facing investors, emphasizing the positive potential of capitalism and biotechnology. Andrew provides a fresh perspective on cryptocurrency as a speculative venture, while promoting disciplined financial habits for long-term success. His journey into self-employment also inspires listeners to pursue their passions actively.

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INSIGHT

Low Investment Rate

Only 5% of British adults invest in stocks and shares ISAs.
This lack of proactive investment hinders wealth creation and economic growth.

INSIGHT

Stock Market's Importance

The stock market is a vital technology for pooling risk and driving human progress.
It has funded innovations from voyages of discovery to modern infrastructure.

INSIGHT

Investing in Progress

Investing in companies is crucial for the future of humanity.
It supports innovation and addresses societal challenges.

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Today’s conversation is with Andrew Craig.

Andrew is an ex-investment banker, founder of plain English finance, and author of Amazon best-sellers, How to Own the World and Live on Less, Invest the Rest.

How to Own the World is one of the most impactful British personal finance book of all time and when I first hosted Andrew on the show back in November 2020, I couldn’t believe the positive impact the conversation had on so many listeners.

Expect to learn about why Andrew isn’t surprised by the current economic situation, the biggest challenges facing investors and companies, the fudging of inflation figures, why the politicians are either wilfully ignorant, incompetent or lying to you, why crypto might be a good investment but isn’t good for human progress, and why despite all this noise that the outlook for your future should be positive.

Andrew is an optimist but also a realist and we discuss the net positives of capitalism and the stock market, what role life sciences and biotech will play in a brighter and more positive future, as well as Andrew’s own experiences and advices of pursuing something he truly cares about and becoming self employed in recent years.

I wanted to make sure I marked this milestone of 200 episodes with something special and this conversation certainly achieves that.

Today’s podcast is supported and sponsored by Clean Foods Meal Prep.

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Connect with Andrew:

Website and email list - https://plainenglishfinance.co.uk/

Why Pessimists sound smart - https://plainenglishfinance.co.uk/opinion/why-do-pessimists-sound-smart

Connect with Col:

Instagram: https://www.instagram.com/col.cambro/

Email List - https://mailchi.mp/548e38ba5942/colincambro

Support me: www.buymeacoffee.com/ColCamBro

This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We discuss 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.