Sell down

If New Zealand were a listed company and its CEO left suddenly, a wise investor should sell down 50 per cent of their holding and look for an air raid shelter. Supremely confident in a crisis, Key was intractably unwilling or unable to address long-term strategy. What of superannuation age? The Cullen Fund? Housing the homeless? Northland’s wasteland? Nigel Meek, Bayswater.