This is what makes a market (Member)

TeaThat was the year 2010 or early 2011. A pub in Clapham. I was arguing with the girlfriend of an investment banker friend of mine. She was even more contemptuous of my hobby of stock picking.

He had just told me that all his money was in gilts. Given that he would be paid seven figures per year, that calculation was probably reasonable, although I thought he was crazy.