Set forth below is the text of an e-mail that I wrote to Atlantic Monthly Associate Editor Matthew Yglesias on January 21, 2010.
Congratulations on your fine blog.
My name is Rob Bennett. I write the “A Rich Life” blog.
I would be grateful if you would check out a Google Knol that I wrote entitled “Why Buy-and-Hold Investing Can Never Work.” It argues that the reckless 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.
Here is a link: