A couple of excellent, if slightly cynical, quotes from Scott Adams (creator of Dilbert) in an article in the Wall Street Journal, Saturday 5 June on why one should invest in companies you hate (sic).

CEOs are highly skilled in a special form of lying called leadership.

Every investment expert knows two truths about investing: 1) Past performance is no indication of future performance. 2) You need to consider a company’s track record.  Right, yes, those are opposites.