The following is a copy of email correspondence we recently had with a friend and in the same spirit as our post "Correspondence with a friend on Investing".
Help was offered after learning of tremendous losses he had suffered in a bad investment. We decided to publish the correspondence because it reflects the usual questions and fears often heard from investors as well as the answers provided - and because we think it's more efficient to provide representative correspondence once than continue to provide the same answers on an ongoing basis.
Persons names, the origin of the prime minister, and various and sundry details referenced have been either changed or omitted in order to protect their privacy - despite this, we still could not publish all of the related correspondence without revealing identities.
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