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This audiobook is narrated by an Authorised Voice Replica. How does one spot the bottom of a bear market? What brings a bear to its end? There are few more important questions to be answered in modern finance. Financial market history is a guide to understanding the future. Looking at the four...

In the space of a few months, across Asia, a miracle became a nightmare. This was the Asian financial crisis of 1995-98. In this economic crisis, hundreds of people died in rioting, political strongmen were removed, and hundreds of billions of dollars were lost by investors. This crisis saw the US dollar value of some Asian stock markets decline by 90 percent. Why did almost no one see it coming? The Asian Financial Crisis 1995–98 charts Russell Napier’s personal journey during that crisis as he wrote daily for institutional investors about an increasingly uncertain future.