Gosling's Grouse - Stubble, stubble, toil and trouble

I have just finished reading Peter Hargreaves' book In for a Penny - more of that in a few weeks - but in it he refers to four types of investments.

The first two categories he says are investments that will do well: some clients will buy, some they won’t. Category three is investments of ‘dubious merit’, which clients buy in droves, and category four is ‘dubious’ investments, which even clients will reject. Of course, which investment falls into which category is a matter of conjecture – and you will have to read Peter’s book to see what fits into which category. But what sprang to mind with dubious investments were the Ostrich farm, which turned out to be a scam, and the Angoran Goat Business Expansion Scheme, which was entir...