Investing may not be a race per se but, if it were, it would most closely resemble a marathon rather than a sprint. As it happens, distance running was central to human evolution, including the development of our brains. Yet we retain certain primitive biases that can interfere with investing. Fortunately there are ways to compensate.
Our readers still rage about Gordon Brown’s surprise pension tax raid of 1997. But what pension tax plans are lurking in Labour’s hidden manifesto this time? We’re going to find out the hard way, reckons Nigel Farage.