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The Atlas Obscura Podcast

Library of Mistakes

The Atlas Obscura Podcast

SiriusXM Podcasts & Atlas Obscura

Society & Culture, Places & Travel

4.61.6K Ratings

🗓️ 26 May 2021

⏱️ 14 minutes

🧾️ Download transcript

Summary

A carefully curated collection of miscalculations in Edinburgh, Scotland serves as a warning for our gullibility, especially when it comes to money. Read more in the Atlas: https://www.atlasobscura.com/places/library-of-mistakes

Transcript

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0:00.0

mistakes everyone makes them at one point I grew a handlebar mustache and kept it

0:08.7

for a surprisingly long time and unfortunately for me there is a fair bit of

0:13.3

photographic evidence of this floating around out there and looking back on

0:17.3

these photos at least in theory I might learn something and avoid making that

0:22.3

same mistake again and my friends who took these photos and can use them as

0:28.0

blackmail might also learn a lesson not to make the same mustache mistakes that

0:33.7

I did because ideally we can all learn not only from our own mistakes but from

0:40.6

mistakes of others that is the hope of Russell Napier who's dedicated the

0:46.6

better part of a decade to promoting that idea. The profession with the lowest

0:52.4

level of mistakes probably in the entire world are pilots because they leave a

0:57.8

full record of all the mistakes behind them and a thing called the black box.

1:01.3

Russell is not a pilot or a man with a handlebar mustache. He's a financial

1:07.4

investment advisor but he's also the founder and keeper of the library of

1:12.4

mistakes. You might want to think of the library of mistakes as that kind of

1:16.8

giant black box. I'm Don Therese and this is Atlas Obscura, a celebration of the

1:25.8

world's strange, incredible and wondrous places. Today we visit the library of

1:31.0

mistakes in Edinburgh Scotland to browse the card catalog of miscalculations.

1:37.1

After this.

1:55.8

The library of mistakes opened in 2014. You enter via a small alley in Edinburgh and

2:04.9

once inside you'll find a series of cozy robes. There are arm chairs and a

2:10.8

fireplace. There are board games with names like Ponzi scheme and Market

2:15.4

Meltdown. The bathroom walls are lined with bills from currencies that have

...

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