"David - Coincidentally, it is ten years this week since I started investing in the markets and my annual Fullermoney subscription also comes up for renewal this week. I thought I would share with you my experience of the last ten years. I have worked in Banking for the last twenty years as an accountant rather than a trader. Accountants are by their nature risk averse and although I did a few good things, like buying gold at USD300, I never did anything in a big enough size to make a substantial impact on my net worth. I was always overwhelmingly in cash. My small gold position meant that I outperformed cash and I navigated the storm of 2008-9 without too much concern but my returns were nothing to write home about. Until around summer 2010 when two things happened - I read The Great Reflation by Anthony Boeckh and the Dividend Aristocrats/Autonomies concept extolled by yourself and Eoin seeped into my consciousness. The Dow was around 9500. This felt to me like a gold at USD600 moment - not at the absolute lows but certainly representing great long term value. Not being able to find something super-liquid that matched the Autonomies theme directly, I settled for the Dow because it Is heavily weighed in Autonomies and I made the biggest investment of my life at Dow9500. Needless to say that I am now delighted with the results and for this I owe you and Eoin a big thank you because if I had not been on the journey with you and Eoin over the last few years. I would never have had the confidence or self-belief to buy big when I did."

David Fuller's view Thank you for this thoughtful and informative email. I am sure it will be helpful for other investors of a similar background and temperament. And well done for taking advantage of two important opportunities in the markets.