Set forth below is the text of a comment that I recently posted to another blog entry at this site:
I look forward to that board you say that you will start soon, and look forward to participating in it. I would relish the opportunity to join you in moderating this said forum.
You won’t be contributing to the new forum except perhaps to a trivial extent, Sensible.
This blog is a general-interest investing blog. I both permit and encourage honest posting on the last 32 years of peer-reviewed academic research. That makes this one special in a day when as a society we have not yet worked up the courage to stand up to the intimidation tactics of The Buy-and-Hold Mafia. But the general purpose is the same as that claimed by most investing blogs — to teach people reading it the realities of stock investing.
The new discussion board will be different. The starting premise of the new board will be that The Buy-and-Hold Mafia should be brought down and that all U.S. citizens should be permitted to give voice to their sincere beliefs about the past 32 years of peer-reviewed academic research. There’s not going to be any debate at the new board as to whether honest posting should be permitted. The debate will be re how we move forward, how do we achieve our goals of bringing down the Buy-and-Hold Mafia and opening the entire internet to honest posting on safe withdrawal rates and scores of other critically important questions.
80 percent of the posts from you Goons that I leave up at this board will be taken down at the new one, Sensible.
You could compare the two boards to a board that might have existed in the 1950s on the question of whether basic civil rights should have been extended to people without white skin to one that might exist today in which discussion of that question would be viewed as insulting to every participant in the board project. On the morning of May 13, 2002, I was not aware of the role played by The Buy-and-Hold Mafia in the destruction of the financial futures of millions of middle-class investors. So I needed a board of this type to learn about the matter. I don’t need that today. I now have access to all the materials at this site, showing beyond doubt how the Buy-and-Holders have employed death threats and unjustified board bannings and tens of thousands of acts of defamation and threats to get academic researchers fired from their jobs to block millions of middle-class investors from learning about the findings of the past 32 years of peer-reviewed academic research. Today I need the new sort of board, one in which posts arguing in “defense” of the purest and most dangerous Get Rich Quick scheme in history will not be welcomed any more than a post suggesting there there is some sort of merit in the idea of denying people with black skin their most basic civil rights would be welcomed in the current-day United States.
The core idea of the new project will be that we as a nation need to move BEYOND Get Rich Quick, that we have already paid too big a price for our unwillingness to stand up to the tactics that have been employed for 11 years now by the sorts of individuals who have put up posts in “defense” of Mel Lindauer and John Greaney (and Jack Bogle?).