Brookfield Asset Management Inc (BAM)

[Investorman]

In one respect it is imaginary. Arbitrary value isn't real money unless it is converted to such..... and if everyone decides to sell at the same time without enough buyers then it doesn't exist.

Much like my saying I will give you $100 for an hour of your time and then when you tell me you will be here Monday morning at 8:00am I tell you I can only give you $50. You haven't lost $50 because you never really had it except as a future promise.