11 JANUARY 1992, page 21

Res Angusta . . .

I PLAN to launch the Hindsight Invest- ment Trust. Certain to head the perfor- mance tables, it will be allowed to job back- wards. This should earn me a favourable notice from......

City And Suburban

The Ovine Tendency finds an instant cure for sterling discontents CHRISTOPHER FILDES our legs good, two legs better. There is something about our hapless currency that brings......

A Bit Of A Lad

SIR NATHANIEL Westminster is the paterfamilias of the the National Westmin- ster Bank's herd of pottery pigs. Children would collect them — a new pig for every £20 in their......

A Taxpayer Writes

IN THE trough of a recession, we need higher tax rates about as much as we need higher interest rates, which is about as much as a moose needs a hat-rack. That is a respectable......

The Grobfather Of Lloyd's

LUNCH with the Grobfather was quite something. He made a grand entrance, sup- ported by his butler, with a salver bearing a bottle of Dom Perignon and some cold sil- ver pots.......

. . . In Stercore

ANOTHER investment commentary that cries out to be written is Derek Terrington (now of Kleinwort Benson) on the troubles of Gerald Ratner, the Essex girl's jeweller. It was Mr......