Making Money

Tarun Ramadorai, a financial economics professor and adviser to central banks, outlines how product design and weak rules let firms profit from everyday mistakes. He digs into teaser mortgages, insurance price-walking, and why the middle class gets squeezed. He champions plain-vanilla starter products, stronger guardrails, and learning from Denmark, India and Brazil.

Glen Arnold, an expert on Warren Buffett and author of The Deals of Warren Buffett, delves into the incredible investment strategies of the legendary investor. He reveals Buffett's three core rules: thorough research, realistic return expectations, and maintaining a margin of safety. Glen discusses how Buffett's disciplined approach evolved through key influences like Charlie Munger and his focus on durable brands. Listeners will love insights on Buffett's early investments, his venture into the insurance float, and how he assesses potential acquisitions for long-term success.

In this engaging chat, Ben Felix, Chief Investment Officer at PWL Capital and co-host of the Rational Reminder podcast, shares his journey from engineering to finance. He dives into why people struggle with rational investing, exploring cognitive biases and the parallels between investing and health. Ben discusses the pitfalls of fixed withdrawal rules and challenges common investing norms. His recent cancer diagnosis has reshaped his perspective on money and living well, inspiring him to emphasize holistic planning for a fulfilling life.

Lisa Conway-Hughes, a financial adviser and founder of LCH Wealth, shares her expertise on building wealth and retirement strategies. She emphasizes the importance of prioritizing employer pension contributions at a young age and savvy savings methods. Lisa delves into the pros and cons of buying versus renting, the essentials of salary sacrifice, and how to model retirement scenarios in today's uncertain pension landscape. She also offers practical advice for teaching kids about money and managing emotional aspects of financial planning.

This festive finale dives into favorite moments and surprising guests from the year, including some eye-opening financial lessons. The hosts share hilarious banter, including the quirky debate of a duck-sized bear versus a bear-sized duck. They reflect on personal growth, from calisthenics to newfound confidence, and tackle big mistakes they've made, like crypto misadventures. With plans for live shows and exciting new content in 2026, they wrap up with their outlook on investing strategies and market opportunities.

Amy bravely shares her journey of losing nearly £20,000 in investments. She reflects on her working-class upbringing and initial forays into investing. Experiencing the emotional rollercoaster of her portfolio's rise and fall during COVID, she reveals the regret that came from panic-selling. Turning to online communities for support, Amy discusses the dangers of influencer-driven investing and the impact of social reassurance on risk-taking. Ultimately, she advocates for a cautious, educated approach to rebuilding her financial strategy.

William J. Bernstein, an influential author and investment theorist, shares his journey into investing and the importance of a scientific approach. He highlights behavioral biases as the greatest investment risk, offers practical advice for young investors, and compares TIPS with annuities for retirement. Bernstein argues for broad global indexing to maximize gains and emphasizes that investing should focus on avoiding poverty rather than seeking wealth. He also discusses the risks of cryptocurrency and offers insights on market psychology.

In this engaging discussion, Andrew Craig, a personal finance author and investment advisor, shares insights from his latest book tailored for younger readers. He highlights the transformative power of compounding and the importance of understanding money. Craig stresses the need for a balanced investment strategy, particularly the 100-minus-your-age rule. He also delves into capitalism's role in problem-solving and critiques the impacts of ETFs on market dynamics. His concrete proposal for revitalizing the UK capital markets could spark significant change.

In this discussion, Helen Miller, Director at the Institute for Fiscal Studies, shares her insights on the recent budget's implications. She analyzes the winners and losers, highlighting families benefiting from changes while others face tax hikes. Helen critiques the government's unclear growth narrative and the challenges facing public services. She also warns about the complexities of tax reforms and the impact of fiscal drag. Finally, she emphasizes the need for systemic reform and encourages citizens to engage in policy discussions.

Get ready for insights as a special budget discussion unfolds! The Director for the Institute of Fiscal Studies, Helen Miller, joins to break down the latest financial strategies. Expect a deep dive into budgeting essentials and how fiscal policies impact your wallet. Stay tuned for this eye-opening conversation that promises to equip you with practical money tips!