What Fiorello! teaches you about setting realistic investment goals

Fiorello! was a 1959 musical based on the life of Fiorello La Guardia, the mayor of New York from 1934 to 1945. But what can it teach us about cutting out needless expenditure?

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Fiorello La Guardia: transforming politics
(Image credit: Condé Nast)

Fiorello! was a 1959 musical based on the life of Fiorello La Guardia, the mayor of New York from 1934 to 1945 (pictured). It tells the story of how he transformed New York politics, against the opposition of the corrupt Tammany Hall political machine and the indifference of fellow Republicans. It enjoyed several successful runs on Broadway, winning a Tony award for Best Musical and the Pulitzer Prize for Drama (something only eight other musicals have achieved in the 82 years it has been running).

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri