A partner in a firm of actuaries tells me the young chaps at his company jib at buying their round in the pub.
Why are well-paid 20-something-year-olds prepared to earn the contempt of their peers?
Because, he tells me, they are concerned about the effect of the expenditure on their net asset value.
Ye Gods. Have we come to this?
Accepted that actuaries are a particularly anal life-form but even so when young men prioritise net asset value over beer something has gone badly wrong.