But there we are, oddities happen at times in an infinite universe:
Sir Vince Cable’s defence of Royal Mail privatisation could be minuted, perhaps uncharitably, as “It’s a dog, that’s why we sold it”.
He’s right, of course, however politically unsuitable it is to tell the truth to people. As he notes, the share price is now half what the government sold at, which is pretty solid vindication. Remember, too, that he and the coalition government were pilloried for selling it off too cheaply after an initial spike in the share price. A few years on, theirs looks like an eminently sensible decision.
After all, those who manage the nation’s assets should at least try to take the profits and dump the losses.