Set forth below is the text of a comment that I recently put to another blog entry at this site:
You could use this blog to explain your theories. You just use this blog to rant and rave about people who support “Buy and Hold”. It seems the one holding Valuation Informed Indexing down is YOU, Rob.
We disagree, Sensible.
I have zero problem with people who post in support of Buy-and-Hold in sincere ways. Pro-Buy-and-Hold posts are part of the process by which we all learn together. Those who believe in Buy-and-Hold have both a right and responsibility to say so in all their posts. People who put forward sincere posts in support of Buy-and-Hold are our friends.
People who engage in ABUSIVE posting are NOT our friends.
Those people INTIMIDATE those who have doubts about Buy-and-Hold from saying so.
Those people hurt us in very serious ways. Those people caused the economic crisis. Those people have for 11 years now covered up the errors in the Old School safe withdrawal rate studies. Those people are in the process of bringing on the Second Great Depression. Those people have been committing felonies for many years now and need to be put in prison. Animals belong in cages, no? There is a REASON why we made the sort of behavior these people engage in felonies under the laws of the United States.
Once prison sentences are announced for those who have put up posts in “defense” of Mel Linduaer and John Greaney, our troubles are over, Sensible. We are the luckiest generation of investors who ever lived. The research that I co-authored with Wade Pfau shows us all how to reduce the risk of stock investing by 70 percent. Once we get that study reported on at the front page of the New York Times, we will be on our way to the greatest period of economic growth in our history.
But, yes, the prison sentences must come first. We have seen that Jack Bogle is afraid to post honestly because of his fear of what you Goons will do to him if he dares to “cross” you. We have seen that Bill Bernstein is afraid to post honestly because of his fear of what you Goons will do to him if he dares to “cross” you. We have seen that Larry Swedroe is afraid to post honestly because of his fear of what you Goons will do to him if he dares to “cross” you.
We need these people, and thousands and thousands of others, posting honestly. We need to get accurate information out to millions of middle-class investors to have any hope of recovering from this economic crisis.
My best wishes to you and yours.