Taxi drivers prove retail investing is alive and kicking

Shhhh! Keep it to yourself but the way forward is to invest in emerging markets

London is not a city to walk around. Apologies to the tourist offices, but on foot it is ugly, dirty, busy and often dangerous. Public transport is fine if you have nothing to do until the next ice age, and private transport is excellent if you have a chap with a cap and a chamois rag polishing the waiting limo. The rest of us have to take taxis. Taxis provide excellent value, as the client, or your employer, pays the fare. Apart from conveying you safely and in relative comfort you get free commentary on all the issues du jour, from the opening of the latest lap dancing club to the state...