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They are history’s geniuses. But were they any good at investing? | The Story of Money Podcast
Financial Times· 2026-04-22 04:09
I want to talk about Winston Churchill. What kind of investor was he. It really kind of makes your skin crawl some of the things that you got up to along the way.He was given this advance that was worth close to over 7 million pounds in it inflation adjusted or close to 80 million pounds in GDP adjusted terms. He lost it all. >> Oh, wow.He lost it all in the crash in the stock market. >> No, no, just trading. There were these nine trading days ending the 18th of October where he really went into overdrive.H ...
Introducing: The Story of Money | FT #shorts
Financial Times· 2026-04-15 12:59
So they say that money runs the world, >> but the story of money itself, well, that's where things get really interesting. >> From wildcap banks on the American frontier, >> it was about as difficult to become a banker as it was to become a brick layer. Many people viewed them as conmen to ancient rulers wiping out debts thousands of years ago.>> When a king came to the throne, and Hamarabi did this himself, one of the very first things he did was to cancel everyone's debts. Lenders really did, you know, br ...
X @The Economist
The Economist· 2025-12-07 11:00
The firm’s initial success—and possible future success, if prices recover—will go down in financial history https://t.co/XgwFSxCxRI ...