Editor's Note

The midas touch

Our idea of tracking where the rich are investing — and the advice they are getting from their managers — is to simply get a sense of the investment climate

When it comes to investing, one is always eager to know what the ‘smart money’ is up to. The smart money — for those who came in late — is an elite set, always clued in to the ebb and flow of economic activity. It is quite another matter that there is a world of difference in the way the smart (also usually super-rich) set invests, compared with a person of ordinary means.