The Investor's Time Machine
The course

Investing, in 12 chapters

Short chapters with real figures from the game's data, key takeaways and a quiz. Each chart uses years no mission is set in, and a mission's own figures appear only once you have played it.

Chapters read
0 of 12
Reading time, all chapters
31 min
Part 1

Foundations

Start here: the ideas every trip uses.

  1. 1 Inflation and compound interestMission 1 · 1950–1959Real figures after Mission 1 3 min
  2. 2 Index funds, bonds, the money market and dividendsOpen anytimeTheory, real figures and a quiz 3 min
  3. 3 Nominal vs real returnOpen anytime · free play from 1966Real figures unlock as you finish missions 2 min
Part 2

Chapters for each mission

Each opens before its mission. Its real figures appear once you finish the mission, so nothing gives the story away.

  1. 4 Risk and maximum drawdownMission 2 · 1973–1977Real figures after Mission 2 2 min
  2. 7 DiversificationMission 3 · 2000–2009Real figures after Mission 3 2 min
  3. 5 Costs: TER, fees, spreads, currencyMission 4 · 1982–2001Real figures after Mission 4 3 min
  4. 8 Interest rates and bondsMission 5 · 1977–1986Real figures after Mission 5 3 min
  5. 9 Crises and panic sellingMission 6 · 2007–2012Real figures after Mission 6 3 min
  6. 10 The return of inflationMission 7 · 2020–2023Real figures after Mission 7 2 min
  7. 12 Putting it all togetherMission 8 · a surprise periodTheory and a quiz 2 min
Part 3

Open anytime

Taxes, liquidity and your own investment policy.

  1. 6 Taxes and liquidityOpen anytime · free play with taxesReal figures unlock as you finish missions 3 min
  2. 11 Your investment policyOpen anytimeTheory, your own policy form and a quiz 3 min