Set forth below is the text of a comment that I recently put to another blog entry at this site:
Why would anyone pay for the idea when all the information is available for free from your website?
There are thousands of web sites that promote Buy-and-Hold that make plenty of money, Evidence. Buy-and-Hold is not a new idea. It continues to make money because people want to see the idea explored from lots of different angles.
We are now in the process of moving from Buy-and-Hold to Valuation-Informed Indexing. There’s tons of information on VII presented at the site for free. That’s an introduction.
We need to publish thousands of books exploring the concept from thousands of different angles. That’s money.
We need to give thousands of speeches.
We need to create hundreds of calculators.
We need to enter thousands of consulting arrangements.
The site is the launching pad. The hundreds of millions come after the launch.
Bill Gates didn’t become a billionaire from writing clever code. First he wrote clever code. Then he had it installed in millions of computers. That’s where he made the money.
I will be spending the remaining years of my life teaching Valuation-Informed Indexing to millions of investors. They naturally will be paying me.
You and the others who have posted in “defense” of Mel Lindauer and John Greaney will be paying the $500 million (or a multiple of that amount in the event that full payment is not made prior to the next crash) because your torts and felonies held me back 11 years.
That’s the way the system works, my old friend.
My warmest wishes to you and yours.
Rob the Future Billionaire
laugh says
How exactly do you intend to make that kind of money by ‘teaching’ something?
Rob says
It wouldn’t be possible to list all the ways even in one of those lengthy posts that I have become famous for, Laugh.
Books, speeches, podcasts, coaching, and on and on and on.
Why the heck do you think the Wall Street Con Men are so intent on keeping millions of middle-class investors from learning what the peer-reviewed academic research of the past 32 years really says?
They have been making BILLIONS teaching the OPPOSITE of what the research shows.
And you don’t think that there is HUNDREDS of BILLIONS to be made giving honest advice re stock investing?
You’re kidding yourself.
This is a money field. There is TONS of money to be made in this field.
And there are MILLIONS of middle-class investors in desperate need of HONEST investing advice.
I mean no personal dig. But your suggestion that there is not BILLIONS to be made offering HONEST INVESTING ADVICE is foolish in the extreme.
That’s my sincere take re this important matter, in any event.
You know how I gave that five-minute talk at FinCon13? I foresee a future FinCon where EVERY SESSION will be devoted to teaching bloggers how to transform their blogs into Valuation-Informed Indexing blogs. Investors have been DELUGED with the smelly Buy-and-Hold garbage for DECADES now. And you don’t think there is a huge and hungry market for the real stuff, for advice that works in the real world?
The market and the demand couldn’t possibly be larger. The opportunities here couldn’t possibly be bigger.
Why the heck do you think the Wall Street Con Men support your Campaign of Terror against us? They are trying to hold onto the huge GRQ cash cow.
I mean, come on.
Rob