Having rich friends may make you richer. But as ever, don’t count on that making you any happier.
The Investor
The Bank of England governor is going to raise interest rates and put millions out of work… but it’s all in a good cause.
What caught my eye this week. War pioneer and on/off conqueror of Europe, Napoleon Bonaparte, supposedly said he’d pick a lucky general over a good one. Investors might take the same deal. Alas, there’s apparently no evidence that Napoleon stated the preference that’s famously ascribed to him. Which is a shame. Trying to invade Russia [...]