Charging towards a KiwiSaver mistake
ANALYSIS: Allowing KiwiSaver funds greater exposure to private assets will be good for fund managers. The benefits for investors are more dubious.
The charge of the Light Brigade did not end well.
At the risk of exaggeration, there are times it is easy to imagine how it felt to watch the gallant horsemen of the Light Brigade charging in futile assault upon the Russian guns at Balaklava.
That it would end badly was as obvious as it was avoidable.
You could probably take your pick of a few
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