Where is the line between greed and simply choosing the best available financial offering? Does greed not mean taking what would be a fair share away from someone else? If so, how can anyone who took out an endowment policy be genuinely termed greedy?
The other point is I think the internet has made a key difference. In the 80s there was company sales blurb and there were review magazines, with their opinions effectively bought and paid for by advertisers. And that really was it, there was nothing else. Its only since we now have the internet that we can be a lot more wise, or even hear the other side at all.
And lastly, endowments were uncertain: if we momentarily erase all hindsight, could they have turned out good? What were the odds?
NT
The other point is I think the internet has made a key difference. In the 80s there was company sales blurb and there were review magazines, with their opinions effectively bought and paid for by advertisers. And that really was it, there was nothing else. Its only since we now have the internet that we can be a lot more wise, or even hear the other side at all.
And lastly, endowments were uncertain: if we momentarily erase all hindsight, could they have turned out good? What were the odds?
NT