Yes, and again your view is supported, is understood, but, as an asset manager I must confide with you.

The High Net Worth are demanding a return to commissions, and they'll get it. There's a deeper point here, that I can't divulge.

The truth of the profession, for most, is that we are in the unsavory position of criticizing management. Investment involves a lot of challenging and threatening of the Corporate, our friends and former peers, that needs to be alleviated. I submit, closing the information gap on us, yes, is beneficial, but what would you exactly like to know? He's running the company, doing just fine, I'm his critic, you're mine.

I hope the Indian individual investor can band together. You have a chance to do this totally new learning from our mistakes. Just please don't crush us, when you benefit, and take your turn, after China is ready to allow it.

Sincerely,

Andrew W Taylor