I’ve posted Entry #109 to my weekly Investing: The New Rules column at the Death by 1,000 Papercuts site. It’s titled The Research Topic No One Dares to Touch.
Juicy Excerpt: Why did no one think to do what Wade did long before he did it? Thousands of people have been saying for years now that market timing doesn’t work. Why did no one think to check? That’s the usual practice of researchers, isn’t it? When you want to know something and you don’t, you check the data. Why is it that for all these years no one thought to do that?