I’ve posted Entry #69 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called Pride Comes Before a Stock Crash.
Juicy Excerpt: A group of my critics put together a web site for the purpose of ridiculing me. I don’t approve. But I do listen in to what they say. You’re more likely to learn about the weaknesses of your ideas bylistening to your critics than you are by listening to people who think you are the tops.
One time these fellows asked a hard question.
They noted that I say that Valuation-Informed Indexing provides far higher returns than Buy-and-Hold. At greatly reduced risk. And that it is backed by 30 years of academic research, based on 140 years of stock market history. And that it is a less stressful way to invest. And that it lets those who follow it retire five to 10 years sooner than otherwise would be possible.
If all that is so, Rob, why aren’t there millions of people beating a path to your door?