Elroy Dimson
๐ค SpeakerAppearances Over Time
Podcast Appearances
And she wrote a number, which is an account number,
And in her final years,
my wife's mother was keen to get these savings.
And so these were put there.
They were run-to money in case they had to run again.
We went from bank to bank.
None of them recognized the number.
It had been inadvertently expropriated.
We went to the banking ombudsman in Switzerland.
And several years later, we wrote that they had identified this deposit
was no explanation as to quite what happened to it, explanations to how it got money, but this money which the young couple who had escaped from Germany at the end of the 1930s was eventually available much more than half a century later.
This expropriation risk is a real dilemma and it's one which as a family we've seen
I'd say it has become more important.
That's because companies find somewhere to list their shares.
And so you end up with a listing in locations which are not naturally where they...
do their profit creation.
We had quite a number of years of resource companies being listed on the London Stock Exchange.
They're not much in the way of resources that comes out of the ground in Britain.
When you diversify across markets, you're diversifying different sorts of things.
The reality of diversifying across industries now is more compelling than it was