The rules of sensible investing are, in fact, relatively simple. Unfortunately, the investment industry seems to prefer complexity. Twice in recent history, that complexity has sent markets tumbling, as part five of our stock market history series shows. The lessons went unlearned, however; and just 20 years later came another crash - the 'credit crunch' - largely caused by investments that were so complex that not even the professionals understood them.
With expert analysis from Janette Rutterford, Richard Wood, Dave Plecha, Jasmine Birtles, John Bogle and Mike Tubbs.