Nobody becomes a priest, monk or nun in order to spend their professional life as a financial manager, so no doubt part of this money shuffling is down to innocent incompetence.
He grew up in Lincolnshire and went to school in Reading, beginning his professional career as acting assistant stage manager at the Regent's Park Open Air Theatre.
Five hours before showtime in Dallas, stage manager Tom Nisun wore an apron as he monitored a professional-grade grill installed on the side of the stage.
The goal of this monthly column is to give readers some insights into the mind of the professional investor by highlighting some of the nuts-and-bolts issues I consider as a portfolio manager of municipal bonds at TIAA-CREF.