Set forth below is an e-mail that I sent to Keith Hennessey, a member of the Financial Crisis Inquiry Commission and author of the blog at KeithHennessey.com, on January 21, 2010.
My name is Rob Bennett. I write the “A Rich Life” blog (http://arichlife.passionsaving.com).
I have enjoyed your recent articles on the health care legislation. You offer an intelligent and stimulating take.
I would be grateful if you would take a few minutes to look at a Google Knol that I have written entitled “Why Buy-and-Hold Investing Can Never Work.” This Knol is the product of years of work on my part and on the part of thousands of my fellow community members in the Retire Early and Indexing discussion-board communities. The Knol addresses a matter of great public policy significance as it argues that the continued promotion of Buy-and-Hold for 30 years after the academic research showed that valuations affect long-term returns was the primary cause of the economic crisis.
I would of course be pleased to hear either positive or negative comments (the former cheer my day and the latter help me learn).
Here is a link:
Thanks for listening. And I of course wish you the best of luck with your fine blog.