Goslings Grouse

When the compulsory begging bowl went around the industry to compensate Keydata investors, the industry was rightly indignant.

As many of you who follow football will know, this year is the 50th anniversary of arguably the most important development in the game, since it was introduced over 100 years ago.

If you suddenly inherited £30,000,would you invest it in a pension that was tax efficient, put it in an ISA for you and your partner and the balance away for the kids, or get a hair transplant à la Wayne Rooney?

Have you heard of the marshmallow test? It is very famous in behavioural psychology circles, yet it had passed me by until I read a recent interview with political guru David Brooks in the Sunday Times.

Frankly, I do not give a super-injunction which Premier League footballer has been playing away from home with which reality TV star, but I am still incensed about PPI, even though it seems to have conveniently disappeared as an important story.

The closest we get to a really big argument in the world of investment is when passive is pitted against active management.

In the history of financial crimes perpetrated against the public in this country, it is fair to say the mis-selling of PPI policies is up there with the best of them.

Of all the BRIC countries, the one I find most interesting from an investment perspective is India, and yet it seems to get the least amount of attention, despite a growing number of excellent funds in the country.

I did not know whether to laugh or let out a sigh of relief when David Cameron let it be known he did not want Gordon Brown taking over at the World Bank.

Apparently 11 million of us are going to live to be 100 years old. That probably will not include me, unless the artificial heart valves I have are better than the NHS is letting on.