Prando's Asset Management - Trump card?

The chairman ponders some basic rules of finance

Julian Marr
clock • 3 min read

"This was always going to happen, wasn't it?" I sighed as I spotted the chairman of the improbably-sized investment company Prandeamus Asset Management in another café in a more southerly French town square.

"Clearly so after last week's cliff-hanger where we chatted about that Freakonomics podcast on poor standards of financial literacy around the world," he replied. "I seem to remember you implied you had more to tell me about it - if only you hadn't had to go and have dinner with your family." "To be honest, that was mainly a tactful way of finishing our conversation so I could actually go and have dinner with my family," I admitted. "Much more than discussing financial literacy, it's what people do on their summer holidays." "Ah," said the chairman. "Then this is a bit awkward, isn't ...

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