Dominic Prince says that some of the world’s canniest investors have consolidated their fortunes by moving into cash as soon as economic storm clouds started to gather
Six weeks before the stock market crash of 1987 Sir James Goldsmith met the Australian financier Robert Holmes à Court. Then at the height of his financial prowess, Holmes à Court was reckoned at the time to be the richest man in Australia, wealthier than either Rupert Murdoch or Kerry Packer.
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