Most private investors are regulars at The Tavern of Missed Opportunities. This hostelry has a lower profile than The Last Chance Saloon. It has no permanent premises. Its bitter ale is served ad hoc.
The bar staff are volunteers and come in many guises. There is the ex-colleague you run into who turns out to be worth paper millions thanks to buy-to-let. Shame the upside is no longer there for newbies, he says.
Then there is the fellow tourist you chat to on holiday. She thinks it is hilarious that anyone invested in stocks when she has done so much better from purchasing second-hand insurance policies. Pity it is now a crowded trade.
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