Biography

Russell Napier is an Edinburgh-based consultant for CLSA Asia Pacific Markets, who writes about issues impacting the global equity markets. With more than two decades in the industry, Russell has contributed to the development and scope of CLSA's equity research.

He began his career in investment at Baillie Gifford in Edinburgh, before joining CLSA in May 1995 as an Asian equity strategist in Hong Kong. Until 1999 he remained in that post and was ranked No.1 for Asian strategy in both the Asiamoney and Institutional Investor polls from 1997 to 1999.

Russell is a director of the Scottish Investment Trust and the Mid Wynd International Investment Trust, and his book Anatomy of a Bear: Learning from Wall Street's Four Great Bottoms has been published to critical and commercial acclaim. He runs a course for finance professionals at the Edinburgh Business School called A Practical History of Financial Markets.

Books by Russell Napier

Anatomy of the Bear (Lightning Source Paperback edition)

More on this book at the Global Investor Bookshop
Anatomy of the Bear

More on this book at the Global Investor Bookshop
Anatomy of the Bear

More on this book at the Global Investor Bookshop
Anatomy of the Bear

More on this book at the Global Investor Bookshop
Linking Livelihood Strategies to Development

More on this book at the Global Investor Bookshop

Book Recommendations

A Financial History of Western Europe
Revised and updated throughout, this brilliant survey of European financial history from the earliest times to the present by internationally renowned... Read more at the GI Bookshop
A Non-Random Walk Down Wall Street
For over half a century, financial experts have regarded the movements of markets as a random walk - unpredictable meanderings akin to a drunkard's un... Read more at the GI Bookshop
A Random Walk Down Wall Street – The Time – Tested Strategy for Successful Investing Rev
Updated with a new chapter that draws on behavioural finance, the field that studies the psychology of investment decisions, here is the best-selling,... Read more at the GI Bookshop
A Very English Deceit
The paperback of the critically acclaimed popular history book: the story of the South Sea Bubble which in Balen's hands becomes a morality tale for o... Read more at the GI Bookshop
Asset Pricing
Winner of the prestigious Paul A. Samuelson Award for scholarly writing on lifelong financial security, John Cochrane's Asset Pricing now appears in a... Read more at the GI Bookshop
Bubbles and How to Survive Them
We now live in an "asset-backed economy". Our spending decisions are dependent on asset values like house and share prices. In turn these are inextric... Read more at the GI Bookshop
Crash and Its Aftermath
This is the first book to focus on the broader structural changes which took place in the financial industry over the full period of decline from the ... Read more at the GI Bookshop
Devil Take the Hindmost
Devil take the Hindmost is an original and challenging history of stock-market speculation from the seventeenth century to the present day. Drawing on... Read more at the GI Bookshop
Engines That Move Markets
FIND THE MOST LUCRATIVE MARKETS OF THE FUTURE BY LOOKING TO THE PAST Some of the biggest technological innovations in the world have followed simil... Read more at the GI Bookshop
Fiat Money Inflation In France
... Read more at the GI Bookshop
Gold Standard in Theory and History
Since the successful first edition of The Gold Standard in Theory and History was published in 1985, much new research has been completed. This update... Read more at the GI Bookshop
Interest Rates:the Markets and The New Financial World
... Read more at the GI Bookshop
Manias, Panics and Crashes: A History of Financial Crises
Manias, Panics and Crashes, fifth edition, is a scholarly and entertaining account of the way that mismanagement of money and credit has led to financ... Read more at the GI Bookshop
Monetary History of the United States, 1867–1960 (Paper)
Writing in the June 1965 issue of theEconomic Journal, Harry G. Johnson begins with a sentence seemingly calibrated to the scale of the book he set hi... Read more at the GI Bookshop
Pioneering Portfolio Management
In his fourteen years as Yale's chief investment officer, David Swensen has revolutionised management of the university's investment portfolio. By re... Read more at the GI Bookshop
Stocks for the Long Run
"One of the ten best investing books of all time." - "The Washington Post". One of investing's most celebrated icons updates his classic work to refle... Read more at the GI Bookshop
Strategic Asset Allocation
Academic finance has had a remarkable impact on many financial services. Yet long-term investors have received curiously little guidance from academic... Read more at the GI Bookshop
The Free-Market Innovation Machine
Why has capitalism produced economic growth that so vastly dwarfs the growth record of other economic systems, past and present? Why have living stand... Read more at the GI Bookshop
The Go–Go Years
The Go–Go Years

"The Go–Go Years is not to be read in the usual manner of Wall Street classics. You do not read thi... Read more at the GI Bookshop
The Great Crash, 1929
No account of the financial insanity of 1929 has been issued in a form at once so readable, so humorous and so carefully authenticated as this classic... Read more at the GI Bookshop
The Great Wave
A unique view of historical change, based on the rise and fall of prices.... Read more at the GI Bookshop
The Intelligent Investor
The Original 1949 Edition. Benjamin Graham's classic best seller on value investing has taught and inspired hundreds of thousands of people worldwide.... Read more at the GI Bookshop
The Money Game
... Read more at the GI Bookshop
The Stock Market
" John Littlewood has written a remarkable book. This treatment makes not only for lively reading but also makes it possible to discern differing int... Read more at the GI Bookshop
Triumph of the Optimists
Investors have too often extrapolated from recent experience. In the 1950s, who but the most rampant optimist would have dreamt that over the next fif... Read more at the GI Bookshop
Valuing Wall Street
James Tobin's celebrated q ratio has predicted every major market top in the last century. Valuing Wall Street is the first comprehensive guide to app... Read more at the GI Bookshop
World-wide Inflation
... Read more at the GI Bookshop