Tuesday, September 7, 2010

FSA Regulation

Outperforming socks: My socks are long and black. Any cash stored in them on 1 January 2008 would have retained its value on 31 December 2008, and so they outperformed most fund managers in 2008, particularly equity funds, and every major equity index, although their fee basis is eminently reasonable. My socks are not currently regulated by the FSA. Go here for more.

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