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