Since we are (sadly) without Mere, do you want me to do the sums and reckoning up who's lost what and stuff this year?
I won't need all those spread sheets and shite, I can do it more or less roughly spot on in my head.
Morning Tom.
Excellent timing, that. I was going to write to Mere this morning, & ask him if he would do his usual job, which he has done every year for us.
To be honest, I was not relishing the prospect of writing to him just because I needed a favour, it did not feel right. I do keep in touch with him from time to time, & would love to see him back, but I don't want to put him in an awkward spot where it's an embarrassment to decline & he does it under duress.
So yes please, if you could look after things, I'd appreciate it.
I assume you are aware that the Job Brief includes Stake Arbiter/Umpire/Referee? We have never had a dispute, but that's partly because Mere was always very clear with rulings. And things do change as we go along - extra or missed events, rebuys, swaps, that sort of thing.
One area you will need to look at is exchange rate. The General Election takes place during this stake, & it's quite likely we will see some currency fluctuations, so we need a policy for both ends of the equation. I don't want either side to be advantaged or disadvantaged by currency movements, we just need to do it in a way that is fair to all.
Most investors are buying a %, which is fine, but we'll never have a firm, fixed total sum, so their stakes will need to be pro-rata.
Thanks Tom.
PS - There is a link at the bottom of my posts to last year's Spreadsheet which may prove helpful.