logo
episode-header-image
Dec 2019
36m 1s

Buried by the Wall Street Crash

Pushkin Industries
About this episode

Both of the world’s greatest economists, Irving Fisher and John Maynard Keynes, thought they could see into the future and make a killing on the stock market - and then both were wiped out by the Wall Street Crash. One died a pauper, the other millionaire. What does it take to bounce back from ruin? Oh... and UFOs.

Read more about Tim's work at http://timharford.com/

Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

See omnystudio.com/listener for privacy information.

Up next
Yesterday
Schrödinger's Spy: Businessman, Fraud, or Russian Agent? - with Sam Jones
When the Financial Times uncovered the billion-dollar Wirecard fraud, it seemed like the story was over. But then the company’s Chief Operating Officer, Jan Marsalek, vanished - leaving behind clues that pointed to a double life as a secret agent. In his new podcast Hot Money: Ag ... Show More
1h 1m
Oct 3
Missing Fish and Fatal Feasts: Ritual and Ruin at the Sun King’s Table
In the gilded court of Louis XIV, 17th Century France, manners are everything. Where to sit, how to eat, what to wear - any misstep is costly. No one knows this better than François Vatel, the greatest party planner in all of France. Tonight, Vatel must deliver the ultimate banqu ... Show More
42m 18s
Sep 26
Don't Panic! Douglas Adams' Guide to Tomorrow - with Arvind Ethan David
Writer Douglas Adams, best known for The Hitchhiker's Guide to the Galaxy, used science fiction and satire to warn us about potential dangers in our future, from artificial intelligence to social media and animal extinction. In this Cautionary Conversation, Tim is joined by Arvin ... Show More
37m 54s
Recommended Episodes
Jun 2023
When is the Next Great Financial Crash Coming?
Since the Wall Street Crash in 1929, financial meltdowns have repeatedly sent shockwaves through our world. From the currency crises of the 1980s and 1990s, to Japan’s housing crash, the dot com boom and bust, the global financial meltdown, the euro crisis and the COVID pandemic. ... Show More
42m 26s
Oct 2021
Trillions: How a Band of Renegades Invented the Index Fund Part Two
Fifty years ago, the Manhattan Project of money management was quietly assembled in the financial industry's backwaters, unified by the heretical idea that even many of the world's finest investors couldn't beat the market in the long run.The motley crew of nerds, including econo ... Show More
18m 46s
Oct 2017
The Road to Black Monday, the Worst Day in Wall Street History with Diana Henriques
Ask some Wall Street veterans where they were on October 19, 1987 and they will likely regale you with details of any crisis. My life changed that day in ways that often creep up on me. Indeed, Black Monday was the single worst day in Wall Street history, with the Dow Jones Indus ... Show More
41m 5s
Apr 2021
Daily: How Britain’s Wolf of Wall Street crashed and burned
What kind of person crashes a £3.6bn business, shattering the life savings of 400,000 people? When Britain’s most famous fund manager Neil Woodford went down in flames in 2019 it was a personal humiliation for a “rock star investor” that the City thought was infallible. Owen Walk ... Show More
24m 26s
Sep 2019
Jordan Belfort Pt. 1: The Wolf of Wall Street
On Jordan Belfort’s first day as a Wall Street Stockbroker, in October 1987, the market crashed over 500 points. A month later, he was out of a job. Down, out, and completely broke, the soon to be Wolf of Wall Street reinvented himself as a penny stockbroker, and devised a scam s ... Show More
49m 49s
Jun 2022
Cautionary Tales, with Tim Harford
What can history teach us about the present? How can the average person use critical thinking to avoid being taken in by slick infographics and ardent pundits? In today’s interview, Ben, Matt and Noel sit down with legendary economist, author and podcaster Tim Harford to learn mo ... Show More
1h 1m
May 2023
Introducing - Spellcaster: The Fall of Sam Bankman-Fried
Listen early and ad-free on Wondery+ on 5/22. Listen on Amazon Music, Apple Podcasts or wherever you get your podcasts on 6/5. When nerdy gamer Sam Bankman-Fried rocketed to fame as the world’s richest 29-year-old, he pledged to donate his billions to good causes. But when Sam's ... Show More
2m 20s