I’ve posted Entry #85 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called The Wall Street Journal Story That Didn’t Bark.
Juicy Excerpt: I’ve been telling people about the other half of the story for 10 years now. People often tell me that everything I say about investing makes perfect sense but that they just cannot bring themselves to go along with the ideas I put forward because the “experts” tell a very different story. So I was excited to see this article. The Wall Street Journal is of course a highly respected publication.
I was thinking that following this article we would see lots of publications publishing follow-up pieces. The New York Times would write a ten-part series on how we all were taken in by Buy-and-Hold and run it on the front page. Hundreds of blogs would start helping their readers learn about what the academic research of the past 30 years says about how to invest effectively. We would all agree to work together to bring the economic crisis to an end as soon as possible. That sort of thing.
We didn’t see any of that. Perhaps you’ve noticed.
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