Commentary There’s an old saying that fools and their money are soon parted. By extension, a foremost question when making or holding an investment should be: Will you be able to sell it? Put another way, what’s the risk that you might not be able to sell at any price? In this light, why does the Canada Pension Plan Investment Board have a whopping 11 percent of its assets invested in China, meaning in effect in China’s war machine? Wouldn’t that be like having 11 percent of the Canada Pension Plan (CPP) invested in Germany in, say, 1938? Yes, money was being made there, so businessmen were advocating appeasement. They learned of the risk the hard way. But it was worse than that. American and British technology contributed mightily to the buildup of the German armaments industry. To an even greater extent, China has captured the corporate imagination of Western …