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July 2011

Caledonia is the sort of investment trust that takes you back in time – and sure enough, the discount suggests its best days are behind it. But I’m more optimistic.

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Our model passive portfolio is tossed around like the plaything of the financial gods. And survives.

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Why you should drive a poor car if you want to get rich, followed by the rest of the week’s best reads.

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Everybody loves to receive dividend income, which is a key component of the rewards of being a part-owner in a business. The demo HYP has already begun to earn it.

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