I’ve posted Entry #99 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s called My Plan to Earn $200 Million by Posting Stuff on the Internet.
Juicy Excerpt: We need to provide financial incentives for people to warn investors of the dangers of Buy-and-Hold and to encourage them to shift to Valuation-Informed Indexing strategies.
The headline sounds funny because we all know how hard it it to make a buck on the internet. The idea of being able to make $200 million of the little buggers defies belief.
But here’s the thing. Salaries in excess of $1 million are common on Wall Street. $200 million is not a big number for truly groundbreaking work in this field.