If someone had suggested investing in commodities five years ago it would have made a great deal of economic sense.

We know this Scotland are very, very different from the Scotland of five years ago,

Hollander said. ''He suggested maybe making four or five alternatives.

He has reinvented himself from what he was 12 months ago, ... He is on course for a new deal.

I fret for the 55- to 65-year-old investor who is investing the bulk of their assets in high-flying multiples. They can permanently impair their capital base. They don't have the longevity to earn back the money.

I fret for the 55- to 65-year-old investor who is investing the bulk of their assets in high-flying multiples, ... They can permanently impair their capital base. They don't have the longevity to earn back the money.