2 JULY 1994, Page 28

And, speaking of our proprietor, I had to laugh when

newspapers described him rais- ing two fingers to the City in last week's price cuts. The fund managers who cried foul, spend their time committing non-stop fouls and getting paid for them. Business situations change, and businessmen with a long term view have to protect themselves. Expensive fund managers get their cut win or lose; like that bore, George Soros.