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Trusts & Trustees 2009 15(2):56-57; doi:10.1093/tandt/ttp003
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© The Author (2009). Published by Oxford University Press. All rights reserved.

Editorial

Credit crunch and trustee investment

Tony Molloy, QC*

Toby Graham{dagger}

*Tony Molloy QC, Barrister, Shortland Chambers, 13/70 Shortland Street, PO Box 4338, Auckland, New Zealand. Email: apmolloyqc@shortlandchambers.co.nz
{dagger}Toby Graham, Partner and Head of Contentious Trusts and Estates, Farrer & Co, 66 Lincoln's Inn Fields, London, UK WC2A 3LH. Email: tbg@farrer.co.uk

The first 10% of the full text of this article appears below.

The suddenness, and severity, of the current financial malaise has left many asking what has happened, and why nobody saw it coming. Some of those nursing investment losses might be looking for someone to blame. This issue of Trusts & Trustees seeks to address these questions, with assistance from some of the leading lights in the investment world.

Benjamin Graham, a celebrated 20th century stock-market investor and economist and influence on Warren Buffett, famously said

most of the time common stocks are subject . . . [Full Text of this Article]


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