Gosling's Grouse: Downton Crabby

GOSLING'S GROUSE

I am sure many of you have spent the last four years wondering when the bottom of the market will come? Do not worry, I have found it. Downton Abbey.

Regular readers will know I am not a fan and would rather load the dishwasher, iron my shirts or comb my hair than watch it. But, having already done all three of these when the series restarted on Sunday evening, I found myself reading the papers when it came on. Of course my ears pricked up. The Earl of Grantham is now skint or nearly skint because he ignored the basics of investing – diversify your risk. He shoved most of his and his wife’s fortune into some kind of Canadian Railway stock that tanked. It is fictitious, although it does sound remarkably like the sort of thing the origi...