I recently posted a Letter to the Editor at the Early Retirement Planning Insights site entitled The Housing Market Isn’t Efficient Either.
Juicy Excerpt: For so long as market participants are being kept in the dark as to the true (valuation-adjusted) values of the things they are purchasing (whether stocks or houses), the markets are NOT self-regulating. For so long as we as a society continue to entertain the fiction that markets are AUTOMATICALLY efficient, they will remain wildly inefficient.
RJL says
My condolences on the passing of your friend.
Rob says
Thank you for that kindness, RJL.
Rob
RJL says
is there an obituary somewhere online?
Thanks
Rob says
The only write-up that I am aware of is the one that I provided at the “Notes” section of John’s site, RJL:
http://www.early-retirement-planning-insights.com/notes-09-12-2009.html
Rob
Evidence Based Investing says
http://www.bailey-kirk.com/obituaries.php
John Russell
October 27, 2009
CRESTVIEW, FL – John Walter Russell, 63, of Crestview, FL, died Tuesday, October 27, 2009. Arrangements by Bailey-Kirk Funeral Home in Princeton.
Rob says
Thanks for that kindness, Evidence.
Rob
DRiP Guy says
My sincere condolences to the family. Each man’s passing diminishes us all.
Drip Guy
Rob says
Thank you for sharing those kind thoughts, Drip Guy.
Rob
RJL says
some tributes to your friend JWR on the morningstar discussion board
http://socialize.morningstar.com/NewSocialize/forums/p/247592/2726741.aspx#2726741
Rob says
Thanks very much for bringing that thread to our attention, RJL. I had not seen it and it cheered me greatly. I will point to that thread at the “Today’s Passion” feature tomorrow.
Rob