Series
Gold, bonds, property, Bitcoin, index funds, derivatives. What each one actually is, what it is for, and who it is genuinely wrong for.
9 episodes 4 written companions
10:00 Episode 1
The four-step audit a banker runs on any ETF — and why it filters out most of what is on the shelf.
9:49 Episode 2
Why the P/E ratio tells you far less than you think, and what professionals look at instead.
10:17 Episode 3
Bonds are the 'safe' asset — until they are not. What actually happens when a bond goes to zero overnight.
7:09 Episode 4
Index funds versus mutual funds. The cost difference is small, certain, and compounds against you for decades.
7:48 Episode 5
REITs or bricks? What institutional allocators actually own when they want property exposure — and why.
10:31 Episode 6
Central banks are buying gold at record levels while most institutional portfolios hold none. Both can be right — here is why.
13:37 Episode 7
Bitcoin is often sold as digital gold. Its actual correlation behaviour says otherwise — and BlackRock's own framing shows it.
10:55 Episode 8
The derivatives market is quoted at $846 trillion, and the number is almost meaningless. What it really measures.
13:05 Episode 9
The finale. Institutions do not win through access — they win through rules. The system behind $50 trillion, and how to copy it.
The expense ratio is the promised cost, not the delivered one. Four checks a professional runs before buying a fund — and the one that costs Europeans the most.
Over ten years, 98.44% of euro-denominated global equity funds lost to their index. That is S&P's own scorecard — so what is still worth paying for?
In 2022 US inflation hit 9.1% and gold went nowhere. It does not track prices — it tracks real interest rates. And it once took 28 years to break even.
Same year, same fears: gold rose 62.6%, bitcoin fell 6.4%. It does not trade like a safe haven — it trades like a leveraged tech stock.
