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Trackers – the debate continues

Archie Clifford&#39s suggestion (Money Marketing, May 17) that “God invented trackers” said far more about the quality of his “rational” analysis of that product than anything I could write.

Indeed, his defence of trackers contained every platitude from “prepare to meet thy doom” to “kindly adjust your address before leaving”.

Perhaps Mr Clifford failed to notice that my letter (MM, April 26) was a direct condemnation of Virgin&#39s claim that trackers were the first port of call for investors. They are not.

Those who wish to suggest they are deserve better arguments than the tired and misleading propaganda Mr Clifford inflicted on your readership.

To use his own Grand National analogy – it&#39s not the first past the post horse that wins. It&#39s the first horse with a jockey still on board. The two usually go together.

If Mr Clifford wishes to continue to invest in riderless horses so be it. But please spare us the “Virgin Mark II” claim – it does not stand up to rational analysis.

Philip Thomas

Thomas Financial Planning, St Helens, Merseyside

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