QUOTE(snowcrash @ Aug 12 2009, 02:05 PM)
It's not your fault, but you have no idea how much I hate this statement & the sentiment behind it.
It's the kind of thinking that leads people to ignore downside risk & gamble on ever riskier items & schemes that they don't understand. It's the kind of thinking that rip-off artists prey upon, because they know that
the fear now is not losing money, it's now not making enough money. In a larger scale, it's the kind of thinking that makes people assume that a 20% p/a return is a requirement, that leads them to believe in stupidity like the eternal bull market.
Never forget downside risk, never invest more than you're prepared to lose and never, never invest in something you don't understand and that cannot be explained in a 2-3 simple sentences.
Rant over. Sorry.

Correct me if I'm wrong.. but I think maybe you've deviated from the topic slightly.
Granted I agree with what you say but putting it back into the context of ASx, if one could, given the choice, one would choose ASN, ASB etc.. etc.. with confirmed track records right. And those that have no other choice would choose either ASM, AS2020 or AS1M (or all of them). And given that ASM, AS2020 and AS1M are all fixed priced, then comparatively wouldn't AS1M on paper at this point in time looks less attractive, hence a riskier (ok not the correct word to use but the word in question never the less) option. After all nothing is for certain right, because lets face it, these kind of investment carries a certain amount of risk, thus AS1M is seemed by some to be 'riskier' in comparison.
Well that's my simple take on it anyway.