Picture yourself on the beach, retired early and enjoying financial freedom.

If this is your dream, then now's the time to level up your investing game, and Real Vision can help you. We arm you with the

knowledge, the tools, and the network to succeed on your financial journey on your

own terms. Take control of your future and visit real vision.com forward slash free. What's the first thing that comes in mind when you hear the word history?

What's the first thing that comes to mind when you hear the word history?

Maybe it's dusty old textbooks with a bunch of dates you have to memorize and awkward black and white photos.

Or perhaps you're more like me and it reminds you of

boring classes that were forced on you by academics that thought they knew what

was best. Look either way the topic comes with a lot of baggage. Some of it is deserved, but a lot of it is not.

This week we're opening the book on the history of financial scandals, bubbles, and crises. Helping us understand why this is knowledge you can't do without

is Tim Price, partner and director of investment at PFP Wealth Management,

an author of the book Investing Through the Looking Glass. This is like a kind of like a science fiction

sort of black comedy that we keep on just mankind just keeps on making the same mistakes over and over and

over and over. A new technology enables us to find new

innovative new ways of crashing the system. But the bottom line is the

underlying ethos, the underlying mentality is a sort of constant.

Sir Winston Churchill once said the farther back you can look the farther forward you are

likely to see it may feel like we're in unprecedented times or that some

would even argue that this time is different. Look, whatever you believe, history

is riddled with explosive tales of irreducible human nature and cautionary lessons of greed,

euphoria, fear and mass delusion.

Fail to learn at your own risk.

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