June was but a few days old and winter’s chill was biting into Pierpont’s brain cells, so he naturally retreated to the Croesus Club for a restorative bottle or two of malt whisky.

Naturally the first fellow he met at the Jim Fisk Bar was his stockbroker, Leo Liability. Leo is the most consistent broker in Australia. In the 60 years Pierpont has known him, Leo has never knowingly put a client into a good stock.