You can gamble on horses or on the turn of a card - but Daniel Gould made a living betting on the outcome of the annual Eurovision Song Contest. Daniel made a profit because he studied the voting history of the competition, as well as the cultural and geo-political...
Cautionary Tales
My podcast, telling true stories about mistakes and what we should learn from them.
Cautionary Tales – The Dark Money Behind Mother’s Day
Anna Marie Jarvis wanted a national holiday to honor the dedication and sacrifice of America's mothers. She wasn't the first person to propose a Mother's Day - but her campaign caught the imagination of the people and the ears of the politicians. Congress officially...
Cautionary Tales – the true scandal of Lydia E. Pinkham’s vegetable compound
It could cure almost any 'female ailment' - even cancer - said the adverts. But Lydia E. Pinkham’s Vegetable Compound was, in fact, just a concoction of herbs and alcohol of no proven medicinal merit. That didn't stop desperate American women from buying bottles of...
Cautionary Tales – The Vigilante and the Air Traffic Controller
Air traffic controllers are meant to stop aircraft flying into one another... and if they fail, computer systems are installed to warn pilots of a coming collision. But sometimes these humans and computers give conflicting and confusing advice. Who to believe? When a...
Cautionary Tales – Office Hell: The demise of the playful workspace
In the early 90s, cutting-edge advertising agency Chiat/Day announced a radical plan, aimed at giving the company a jolt of creative renewal. They would sweep away corner offices and cubicles and replace them with zany open spaces, as well as innovative portable...
Cautionary Tales – LaLa Land: Galileo’s Warning (Classic)
Galileo tried to teach us that when we add more and more layers to a system intended to avert disaster, those layers of complexity may eventually be what causes the catastrophe. His basic lesson has been ignored in nuclear power plants, financial markets and at the...
Cautionary Tales – The Hero Who Rode His Segway Off A Cliff
Steve Jobs called 'IT' “the most amazing piece of technology since the PC”. According to Jeff Bezos 'IT' was not only “revolutionary”, but also infinitely commercial. IT was a fiendishly clever and massively hyped invention. But in the end 'IT' — also known as the...
Cautionary Tales – The Mummy’s Curse (Classic)
One hundred years ago, on 16th February 1923, the Tomb of the Pharaoh Tutenkhamun was officially opened. Disturbing the remains of the Egyptian pharaohs is known to incur a deadly curse, so why did a team of archeologists still risk inciting the wrath of King...
We are taking your questions for Cautionary Tales
I’m taking your questions! Do you have any queries about one of the stories we’ve covered? Are you curious about how we make the show? Or is there anything else you think I might be able to help with? I want to hear from you, so send any questions you might have -...