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And he hinted that he is prepared to go further than Osborne as he criticised the way in which the chancellor has assessed his fiscal mandate on a rolling forward looking five years basis.
Forecasting, which is done on a five year rolling basis, has increased in accuracy.
It was James, of course, who once claimed he was thrilled to have spent more than a million quid on champagne in three years, on the basis that "the road of excess leads to the palace of wisdom".
If he converts to common stock after just three years, his cost basis will be $17 a 26% discount from the stock price when our story ran.
The key indicator for this, for Development Partners, is the percentage of health aid that is committed to countries on a multi-year (three years or more) basis (3DP).
At the end of ten years, your basis is $30.
Investment-grade corporate bonds are yielding the narrowest spreads in five years: 55 basis points (that's about half a percent) between an AAA corporate and a ten-year Treasury, a five-year low.
With the help of Morningstar, which now rates funds based on how moat-fortified their holdings are, we screened for these best-performing Buffett-wannabe funds on a three and five-year basis.
The mass pilgrimage of faith takes place every three years on a rotational basis in four alternating cities, and will be returning to Nashik after a gap of 12 years.
Dennis Michalski, a spokesman for the New York State Office of Emergency Management, said a state plan coordinating state, federal and local response to a terrorist attack had been in place for three years and formed the basis for response to the World Trade Center attack.
For example, the state of Maryland has a probationary period of two years, but it may be extended to three years on an individual basis.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com