I’ve posted Entry #95 to my weekly Investing: The New Rules at the Death by 1,000 Papercuts site. It’s called Why Wall Street Doesn’t Want You to Know the Truth About Stock Investing: Part One.
Juicy Excerpt: The case for Valuation-Informed Indexing is strong. But the case is not yet rock-solid. For the case to become rock-solid, we would first need to see a national debate in which all of our fundamental beliefs about how stock investing works were put into question. The Buy-and-Holders have been successful in stopping the debate from moving forward by creating a Social Taboo against even suggesting that such a thing is needed. The result is that they remain able to make the argument that the case for Valuation-Informed Indexing is not as strong as advocates of the new model would like it to become.