The Buy-and-Holders are not taking this well, are they?
The thread is here.
Kinda, Sorta Juicy Excerpt #1: Those ridiculous pictures on the right make it hard to follow!
Kinda, Sorta Juicy Excerpt #2: You’ve stumbled across Rob “Hocus” Bennett’s site. This forum was created in large part to get away from his takeover of the old Vanguard Diehards’ forum at Morningstar.com.
Kinda, Sorta Juicy Excerpt #3: There’s an entry about him at urbandictionary, if that tells you anything.
Kinda, Sorta Juicy Excerpt #4: His main point seems to be…. Use the PE10 and adjust expectations accordingly. <—— (That did not take a whole website and a million blog posts, did it?)
Kinda, Sorta Juicy Excerpt #5: He-who-must-not-be-named rears his head again!
Kinda, Sorta Juicy Excerpt #6: I don’t know the whole history and don’t care to get into it, but the guy makes some good points about PE10-based market timing vs buy-hold-rebalance.
Kinda, Sorta Juicy Excerpt #7: This idea used to meet a lot more resistance on the internet.
Kinda, Sorta Juicy Excerpt #8: Although not everyone loved the idea of PE10, the issue with Hocus was his hundreds of rambling and incoherent posts, not their content (if they could have been said to have any). Hence the jump to this blissfully Hocus-free forum where you are free to post on any topic without being harassed or derailed. PS– THANK YOU to the mods for making this happen. You saved the Diehards.
Kinda, Sorta Juicy Excerpt #9: I’m not sure which is more amazing: (1) That someone would go to the trouble of posting a web page detailing how many websites have had to ban the passionsaving guy; or (2) That the passionsaving guy has been banned from so many websites.
Kinda, Sorta Juicy Excerpt #10: Better be cautious…Hocus has given notice that he intends to sue all those individuals who have disagreed with him and those sites which have banned him, thus doing irreparable damage to his online personal finance consulting business. A drastic step for sure, but one Hocus feels necessary given that his complaints to the FBI, the state police and his congressman regarding his inability to troll at will were not resolved to his satisfaction.
Kinda, Sorta Juicy Excerpt #11: LOL wow, that’s quite a history!