I’ve posted Entry #82 to my weekly Beyond Buy-and-Hold column at the Out of Your Rut site. It’s called It’s Because Investing Is So Important That We Get It So Wrong.
Juicy Excerpt: I can’t tell you how many times I have had people direct this sort of message to me. They tell me “it’s not your message that people object to, Rob, it’s your style.” Or “You can say whatever you want, you just need to use a different tone.” What people mean when they say that my style or tone is wrong is that I report numbers accurately. I don’t say “it is my opinion that stocks may not do well.” I say (when it is so) “there has never yet been a time in U.S.. history when stocks have provided good long-term returns starting from these valuation levels.”