By watching how investors treat their cash holdings, you can sometimes get a feel for how carried away the market is. Is cash trash?
The Investor
The CEO of the world’s largest bank earns 2% of the salary of the world’s greediest banker. Should we go headhunting for Jiang Jianqing?
The zeitgiest is to favour spending money on experiences as opposed to products. But is that any more secure as a route to happiness?
A very young Tony Blair’s verdict on the 1987 crash sounds uncannily applicable to the 2007-2009 turmoil, too.
