Woodstock,

What I take issue with is referring to a potentially lucrative investment with a longer-term time horizon as "dead money." Most of us, whether intentionally or not, "ladder" our investments with regard to both time and risk; but doing so does not define the longest-to-fruition or more speculative investments as dead money. Manhattan Island took many decades to develop. But that original $24 investment was never dead money. Private equity and venture capital investments are not "dead money" just because they often have a five year leave-in commitment.

If I may speak for others, I think that phrase was the trigger for 90% of what others had at issue with you. I understand what you mean, but I think a better example of dead money would be cash in a money market fund at virtually zero interest. Not a miner with longer term multibagger potential.

Strike