Michel Pireu Columnist

When it comes to gift-giving, some of the very worst advice gets bandied about at this time of year. Take, for example, the recommendation to give children books for Christmas on the assertion that they’re not fattening and are good for them. As Kin Hubbard says, nothing’s as mean as giving a little child something useful for Christmas.

Except, perhaps, giving investors nothing useful by way of investment advice...

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