Who had the Balls ?, page-138

morning,

although this does not relate only to AJX - I have to say I think it's worth commenting on


remember - apparently the objective here is for the protection of new investors - so, can we look at this statement --------------- does this seem logical to anyone?


"Cannot access money is effectively lost money."


A few things come to mind here

if one is say 20 years old --------- your superannuation under this logic is LOST for about 40 years. LOST.

If you own your own home or and some investment properties - you count that money as LOST (because it isn't accessible)

You put money in the bank in fixed term - count it as LOST - because you can't access it without penalty.

You own a car ----------- count it as money LOST - because you can't access the money - unless you sell the car (which would have depreciated).


You have shares - which are trading at lower than when you bought them - count it as LOST - because you can't access the money?

You have shares which are trading at more than when you bought them - but, you consider them way undervalued - count it as LOST - because you don't want to sell them at that price - so, you can't access the money.

Life insurance - LOST

Art LOST

Collections LOST

Pretty much anything ------ LOST.


Now - one can believe that or not - all I did was follow the logic.

I will leave it for each to judge the quality of that logic.


the above is all my work - opinions on extrapolation - and, I didn't give my opinion on the logic - it is what it is.

At best I would say - it's an interesting point of view.

Pinto