During a recent visit to my parents’ home, my mother asked me to go through my boxes of “stuff” and throw out what I no longer wanted. Among the old books, souvenirs, clothing and pictures, I found a framed certificate gifted to me about a decade ago. The certificate detailed my entitlement to one square foot of land on the grounds of a castle in the Scottish Highlands. Tongue-in-cheek as this gift may have been intended, it purportedly endows me with the title of “Lord”…
What faux Scottish lordships teach us about investor motivation