Monday, 23 February 2009
Investment And Expenditure Policy
My favourite uncle had a coal round, which depended on his horse and cart. Unluckily, his surplus of revenue over costs went on racehorses that were much less reliable than his carthorse. When the carthorse died, in the absence of people to give him credit, his business ended. He then became a labourer, still needing to work into his 80’s because he was short of national insurance entitlements. I think a lot of my uncle these days.