So if Wayne Rooney is worth more than the boss of Goldman Sachs, and don't forget he reckoned Goldman's are doing God's work, then how much is Neil Woodford worth?
A perfect pub conversation I'd say, but I'll throw my penny worth's into the ring on this one. Of course Woodford gets paid a lot and frankly he deserves every penny of it, because he is looking after the retirement savings of hundreds of thousands of investors. But frankly I'm not bothered by how much Wayne, Woodford or God-man Sachs pays its bankers. I can't do what Rooney and Woodford do, and most of what Goldmans does is far too boring for me to be in the least bit interested. It's the market that sets the rate in effect and if you've got a problem with that concept I'm sure...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes