Investment tips from your taxi driver

The risk-return trade-off gets a clear, jargon-light treatment here, built around the old adage that you should sell when your taxi driver starts offering stock tips. Taylor contrasts cash and equities using Vanguard's long-run figures, then leans on Robert Shiller's idea that investment narratives spread like a contagion, with FOMO pushing people into assets they don't really believe in. It works well for behavioural economics (herding, animal spirits) and for the financial markets content, and gives students concrete cases like Bitcoin, NFTs and Beanie Babies. The framing sits a little aside the core spec and centres on personal finance, so a good candidate for wider reading for those who might not normally venture beyond the spec.  Read here