I’ve posted Entry #105 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called When Does Giving Voice to Unpleasant Investing Truths Become Bullying?
Juicy Excerpt: Buy-and-Hold is promoted as being a research-backed approach. Shiller’s ideas aren’t just his personal opinions. He has published research supporting them. Buy-and-Holders are required either to accept those research findings or to present reasonable arguments for ignoring them. They have done neither. That’s not intellectually honest.