I’ve posted Entry #44 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called The Discussion the Investing Discussion Boards Won’t Have.
Juicy Excerpt: In investing, the biases are time-based. There are long time-periods in which pretty much all investing sites greatly exaggerate the appeal of stocks, which are followed by long time-periods in which pretty much all investing sites greatly exaggerate the dangers of stocks. An investor gets to hear both sides by living through a 30-year bull/bear cycle. But the case against stocks cannot be spoken aloud during the bull years and the case for stocks cannot be spoken aloud during the bear years.