I’ve posted Podcast #118 to the “RobCasts” section of the site. It’s called The Angry Investor.
I have seen lots of people who believe in Passive Investing become angry on learning of the grave flaws of this investing strategy. That’s not a good sign. Any investing strategy that causes so much anger is a bad investing strategy. Investing strategies that inspire confidence would not give rise to such negative emotions.
John Walter Russell says
Rob,
I have noticed that more and more people are speaking up about how they have changed their minds. They used to think that markets were efficient, but now they believe otherwise.
Have fun.
John Walter Russell
Rob says
Yes, that’s so.
People are not dumb. People are smart.
People have had doubts all along. Now people are starting to speak up a bit about their doubts.
There is still a Taboo against discussing what works.
At some point we want to get to the point where people feel comfortable sharing their thoughts on what works. It’s not enough to know that Passive doesn’t work.
I envision a day when honest posting on stock investing is not only tolerated on the internet, but is actively encouraged.
We’ll see.
Rob