I recently wrote the first entry for a new feature at the Death by 1,000 Papercuts blog. The new feature is entitled Investing: The New Rules. The first entry is entitled Stock Investing: Much of Today’s Understanding Is Primitive.
Juicy Excerpt: You don’t need to take “experts” like John Bogle too seriously. Bogle is a smart fellow. I have learned many important things from reading his work. But when he says something that does not add up, I remind myself that the conventional investing wisdom that he espouses is rooted in myth and urban legend and I think the issue through for myself until I come to an understanding in which I am able to feel greater confidence.