again lack of diversification if someone has 2 mil 800k of that...

again lack of diversification if someone has 2 mil 800k of that should be in cash management straight off the bat.

He now has a 2 million dollar tax loss to report. Means if he goes back to regular employment theres probably a lifetime in paying no tax at all ever. I guess if close to retirement its a different issue.

I guess all we can draw from this is if youre a serious fairly wealthy investor diversify make sure u have cash, mabye some property avoid any more than say 20% gearing and have blue chips before playing the dangerous end of the market - if u feel u have been slighted by this opes drama go see a lawyer