THE ECLECTICA FUND - JANUARY 2004
Investment Manager’s Report:
There is an old tale about a god-fearing man who, when warned about an impending flood, refused to take heed of the warning to evacuate. With the water level rising in his pantry, our sodden friend refused the assistance of the emergency services, “I’ve obeyed the Lord’s commandments, He will protect me.” Sitting on his roof the following day, he again waved away the assistance of a passing rowing boat. Again, he proclaimed, “I’ve led an honest life, God will protect”. Our man drowned the next day. On ascending into heaven he demanded an immediate consultation with the Almighty. Why had such an obedient man not been saved?