ferguson

Watch This Sector During the Upcoming Bear Market Rally

Altering the mark to market rule should be a subject for accountants, mathematicians and policy makers. Since I am none of the above, I have complete license to make a fool of myself by suggesting a direction.

Here it is. Adjust the basic principle to read something like this.

"The value of an asset on the books which is difficult to assess as a result of infrequent trades shall be no higher than the sum of the original value on the books of the owner and the most recent traded price divided by two."

All better informed pundits can now explain why this is a stupid idea and would not work.