I have been contributing a regular column to the Financial Times since 2007. I also write a couple of pieces a year for the Spectator, the most literate and readable of the UK's surviving weekly magazines (excluding of course The Week, in which I was fortunate to be a founding shareholder). Between 1995 and 2007 I spent 12 years as a weekly columnist for The Independent, which means, I calculate, that I have written between half a million and a million words about investment in this format. The columns here are shown in date order, with the most recent at the top.
This is an extract from my latest published column in the Financial Times. To read the whole column, please click here. Surveying the investment environment at the start of 2009, there is clearly no shortage of malfunctioning relationships on which investors have traditionally come to rely. Here are just three of the most obvious ones;