stuart wheeler, welcome to hardtalk. thank you. fair to characterise you as a lifelong risk taker? yes, it would. and what motivated you, from a very early age, to want to take so many risks? the first risk i took, i was very, very young, was at a point—to—point. is that a horse race? a horse race. and i backed the brighter days, second, one shilling of even money and it obliged so that was my start of gambling. how old were you? about eight or nine. eight or nine. and from that point on, it always seemed, you had, an obsession, would you say with gambling? yes, i was interested in gambling but also in odds and probabilities as well which are very much connected with gambling, obviously. i suppose you were lucky in the sense that you were raised by a family who were sufficiently well—to—do. you always had access to money. you were well enough off to be able to indulge your appetite for risks. well, we weren't terribly well off. even people on the lowest incomes now are well enough to do a little bit of gambling, a lottery ticket or