I’ve posted Entry #91 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called High School Courses in How to Invest Wouldn’t Help.
Juicy Excerpt: My hero Robert Shiller has offered a different twist to the same basic idea. Shiller has proposed that a government subsidy be provided to pay people who become certified for the skills needed to answerbasic investing questions. Shiller’s concern is that ordinary middle-class people need to have a source to turn to for answers to their questions that is not biased by the desire to make a buck off them and that is not so expensive as to be as a practical matter not available to them.