An old City saw has it that the stock market always finds out who you really are.
In other words, people who just dabble in equities are impetuous, don’t tend to think things through, or are basically thoughtless gamblers, soon take a tumble.
Why, even I, as a young whipper-snapper in the markets, lost considerable amounts of money on p.a. trading. Aussie mining shares did it for me – until I heard another old saying, ‘An Australian mine is a hole in the ground owned by a liar’.
Holding your head above the turbulent stock market is a lesson hard won, and one that I turned to good effect when I joined p...