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Investment policy for virgins

But even we would steer clear of popping someone’s cherry. Not so Hugh Hendry, chief investment officer and founding partner of Eclectica Asset Management.

“Someone once said there are certain things that cannot be adequately explained to a virgin, either by words or pictures,” he starts in a recent Insight column for the FT. Yet you fear he’s about to try. “It is therefore with some trepidation that I attempt to outline our investment policy…” Phew, is all Diary can think of saying at this juncture.

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