So he’s asked Constantin to look after the economy.
We haven’t laughed as hard since 2007.
And before that it was around the time you wrote this.
“My favourite share is Anglo Irish Bank. I bought it a number of years ago and have never regretted the purchase.
…One of the attractions to me when I bought it was the known abilities of the team, and the fact that in general, financial stocks tend to do relatively well regardless of the economic cycle.
So, a small stock, undervalued I felt, with talented management, in a defensive sector, aiming for growth . . . in short, ideal.”