I’ve posted Entry #190 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called How I Came to Name Shiller’s Model “Valuation-Informed Indexing.”
Juicy Excerpt: I was amazed when I took a look around Planet Internet in 2002 and learned that there was not a single site that explored the far-reaching implications of Shiller’s revolutionary findings in any great depth. This was the opportunity of a lifetime! And it’s a lot of fun (and potentially very profitable!) exploring territory that has not been explored by hundreds of others before you came on the scene. So I took on the job.
Shiller has never given a name to his model. It may be that he feels that that’s too immodest a thing for a university professor to do. The reality, though, is that that one big finding (that valuations affect long-term returns) changes everything. It changes how we plan our retirements. It changes how we understand and manage risk. It changes our asset allocation strategies. When a new way of thinking about stock investing changes that much, we need a name for it.
Evidence Based Investing says
“I’ve posted Entry #190 to my weekly Valuation-Informed Indexing column at the Value Walk site.”
That article was published over 5 months ago.
Would it not be more appropriate to post here letting us know about your Value Walk articles on the day that you actually post them on Value Walk.
For example you could have posted on Tuesday
I’ve just posted Entry #212 to my weekly Valuation-Informed Indexing column at the Value Walk site.
It’s called The Warning Implicit in Outlier P/E10 Values Should Not Be Rationalized Away
http://www.valuewalk.com/2014/09/warning-implicit-outlier-pe10-values-rationalized-away/
Rob says
I’m working on it! I’m working on it!
Someday and I will get caught up and it will be as you say here, Evidence.
As of today, I have blog entries through the end of April 2015 already lined up in the blogging software. So, when a new column is published, it has to go to the end of a long line.
Whachagonnado?
Rob
Evidence Based Investing says
So, when a new column is published, it has to go to the end of a long line.
Is there some flaw in the blogging software that prevents you from adding more than one entry per day?
Rob says
No. There was a brief time-period when I was putting up more than one per day. That was when you Goons intimidated Wade into flipping. There were a lot of articles that needed to be written about that and for a number of weeks I was putting up two per day.
My general rule, though, is that that is just too much. Some of these articles are long. One per day is plenty, in my assessment.
If I am not able to catch up for a long time, I will probably reach a point at which I would put up two per day until I got caught up. I don’t see that outcome as being at all likely.
My sense is that you Goons will in time lose interest in posting here and I will not have any more of the blog-comments-turned-into-blog entries items. That will permit me to catch up on the columns and other stuff like that.
I hope that helps a bit.
Rob
Yogi Bear says
“I will not have any more of the blog-comments-turned-into-blog entries items. ”
HA.
You do it at other people’s blogs all the time. So, what on earth would prevent you from continuing what has long become rote for your OCD personality?
Rob says
I don’t understand your point, Yogi.
I sometimes write guest blog entries or post comments at other blogs. But most of those relate to economic or investing issues. Most other bloggers are afraid to write about the financial fraud stuff or the intimidation stuff. They are afraid of getting sued. They are afraid that you Goons will attack them. And they are afraid that those sorts of articles or comments will be a turn-off to their readers.
Most of the blog-comment-turned-blog-entry articles that I post here relate to the political side of the story. That’s the stuff that you cannot get anywhere else.
If you Goons stop engaging in intimidation tactics, I don’t have comments relating to the intimidation tactics to post as articles. Is that not so?
I am not asking you to continue putting up intimidation posts. And I am not asking you to stop posting intimidation posts. I am just pointing out a reality that I cannot post my responses to intimidation comments as blog entries here if you Goons do not provide me with comments to riff on.
My guess is that there will come a time when you will stop posting or will at least slow down. That will give me a chance to catch up without having to post more than one entry per day.
I will acknowledge that it has taken much longer for that to happen than I imagined it would take when I began posting my responses to some of your comments as blog entries. But whachagonnado, you know?
It will all work out somehow.
Rob
Yogi Bear says
Rob,
If you really felt a post in reply to your blog was ‘intimidating,’ then any sane person would simply ignore it. And if it were intimidating to the degree of proposing/threatening something illegal or dangerous, then that same sane person would IMMEDIATELY contact law enforcement and preserve evidence, but surely not repost the offending message! And the very last thing they would do would be to both post it, and to then reply to it publicly. That would be literally crazy.
So one can only conclude that either you do NOT find posts intimidating (note that intimidating is obviously not the same as irritating, or merely unanswerable by you, given your acumen), or you are insane. It’s one or the other, Rob. Or both.
And, finally, the stuff you post on and on in those tedious replies of yours are the EXACT same material whether it’s here, or at someone else’s locale. Don’t believe me? Go check it yourself. Look at the text of those windy replies of yours, and ask yourself if they are not almost all 100% interchangeable, regardless of venue, or date that you put it up. Same schtick, different day.
Rob says
I’ve contacted the police, Yogi. I’ve contacted the site administrators of the sites where the intimidation posts were posted. I’ve contacted the FBI. I’ve contacted the special office that Virginia has for internet crimes. I’ve contacted lawyers for the purpose of bringing civil suits. I’ve contacted both financial and political bloggers. I’ve contacted the biggest names in this field, people like Jack Bogle and Bill Bernstein and Scott Burns. I’ve contacted the 30,000 names on the Social Science Research Network list. There is no one else who has contacted as many people as I have. There is no one in a close second place.
And I will CONTINUE to contact people. Until the intimidation stops. When it stops, we will all move on from the gravely flawed Buy-and-Hold Model to the first true research-based model, Valuation-Informed Indexing. We will all learn how to reduce the risk of stock investing by 70 percent. We will all learn how to retire five to ten years sooner than we ever before imagined possible. We will bring the economic crisis to an end. We will enter the greatest period of economic growth in our history.
Yes, I practice the “same schtick” ever day Helping millions of people to learn the realities of stock investing as revealed to us by the last 33 years of peer-reviewed research. What a mean, mean man I am!
You are wrong when you say that it is a bad idea to post some of your intimidation comments and to respond to them. The reason why the cover-up has continued for 33 years is that our incentives are messed up. We have rewarded people with big jobs and big salaries for pushing the smelly Buy-and-Hold garbage. And we have discouraged people from posting honestly about the last 33 years of peer-reviewed research by threatening to kill their family members and by threatening to destroy their careers and all that sort of thing. Do you not see that that is a dumb (and of course criminal) way to proceed?
Well, posting the comments and my responses will help your jury determine how long your prison sentence should be. No?
When your prison sentence is announced, news of it will go viral. None of the people making money today by telling lies about what the last 33 years of peer-reviewed research says wants to go to prison. So, once your prison sentence is announced, “Buy-and-Hold” will quickly become an obscene term in the minds of every person who works in this field. We will all be able to turn to the important business of reporting HONESTLY what the peer-revewed research in this field says. Do you see?
I want your jury members to have all the material they need.
And I want the millions of middle-class people whose lives are in the process of being destroyed to have all the material they need to bring civil cases against the sorts of individuals who have allowed people who have put up posts in “defense” of Mel Lindauer and John Greaney to participate at their sites.
And I want to law firms that will be bringing class action suits to have the material they need.
Does all of that not make good sense?
I find ALL of your posts intimidating. Even posts that do not contain language that in other circumstances would be intimidating are intimidating when they are advanced by someone who has put up posts in “defense” of Mel Lindauer and John Greaney. Give me a friggin’ break.
Lots of people are afraid to call these sorts of individuals out on their b.s.
I am like everyone else. I am afraid to call you Goons out too. Especially when I see how powerful and wealthy people like my good friend Jack Bogle offer you so much support even after learning about your long history of using threats of physical violence to block people from posting honestly about the last 33 years of peer-reviewed research at internet sites. Naughty, naughty, Jack! It looks like a prison term might be in store for you too, old friend!
I am afraid of you Goons. And I am afraid of Jack. And I am afraid of the other Wall Street Con Men.
You know what I am even more afraid of?
I am even more afraid of what is likely to happen to a country that I love if stocks continue to behave in the future anything at all as they always have in the past and we end up in a Second Great Depression because of Jack’s unwillingness to say the words “I” and “Was” and “Wrong” for 33 years after the peer-reviewed research in this field showed his ideas about how stock investing works to be in error.
The posts are not interchangeable. They address different aspects of the story.
This is the biggest act of financial fraud in U.S. history. There is nothing in a close second place. If we took every act of financial fraud ever committed before this one, the dollar-value impact would not come close to matching the dollar-value impact of the 12-year cover-up of the errors in the Old School SWR studies.
So I think it would be fair to say that it would be just about impossible for me to write too much about the financial-fraud and intimidation aspects of this matter. If we are going to restore people’s confidence in our economic and political systems, we are going to have to offer them a full and complete account of how their lives were destroyed at the very time in history when the final piece of the puzzle that we all needed to become aware of to understand how stock investing works in the real world finally became available to us.
I hope that helps a bit, old friend.
Rob
Yogi Bear says
“posting the comments any my responses will help your jury determine how long your prison sentence will be.”
:rolleyes:
(Oops. Guess that smart aleck eyeroll just got me another ten months in leg-irons, eh, Rob?)
Rob says
Your jury will decide the matter, Yogi.
That’s how our system works.
My best wishes to you.
Rob
Evidence Based Investing says
My sense is that you Goons will in time lose interest in posting here and I will not have any more of the blog-comments-turned-into-blog entries items.
Why do you need to turn comments into blog entries? You don’t even add any new information, you simply cut and paste a months old comment.
These comments are already available to anyone who comes to your site. Your blog entries never contain any new stuff. It is either a months old comment already on the site or a months old article already published else where.
Rob says
The age of the items makes no difference. This is evergreen material.
Yes, the comments that are turned into blog entries were available earlier as comments. Turning the most important ones into blog entries highlights them. There is a ton of material available at the site. I want newcomers to have an easy way to find the most important material arranged by subject matter.
The items on the column entries link to the actual columns. I post only Juicy Excerpts here to let people interested in the VII strategy know where to go to find full articles exploring the concept in more depth.
I hope that helps a bit.
Rob
passerby says
” I want newcomers to have an easy way to find the most important material arranged by subject matter.”
Like the menu and indexing system at this link?
http://www.early-retirement-planning-insights.com/
😀
Rob says
Start by reading two or three articles in the “Foundations” section of the site.
Once you have done that, you will have no difficulty finding hundreds of other articles that enlighten you more than any other articles on the subject of stock investing to be found on the internet.
There is a reason why John Walter Russell was the most loved poster in the history of any of our boards.
And there is a reason why you Goons had a Laughing Party on the day he died.
I am friends with people on both sides. But guess which friendship has caused me to feel more feelings of pride over the past 12 years?
John contributed more with every post he wrote than you Goons contributed with every post you have advanced all put together. That’s the problem. Envy. It’s the ugly side of this that people have been afraid to speak about for 12 years running.
And it is not just you Goons who feel envy. You are the most obvious about it. But Jack Bogle’s envious feelings toward Robert Shiller and all those who understand the implications of Shiller’s ideas has been holding us all back not for 12 years but for 33 years.
I don’t envy Bogle and I don’t envy Shiller. I have learned from them both. And I have shared with both of them. And I will continue to do so.
I believe that the pain that my good friend Jack will feel when he sees the mass human misery he has caused following the next price crash will cause him to flip. It’s all good times for every last one of us from that day forward. There is no place for envy in discussions of what the peer-reviewed research says about stock investing. And, after Bogle’s flip, we will all be united in wanting to insure that we never destroy ourselves in that way again.
That’s the next step — seeing how Bogle and others react to the next price crash.
Post here or don’t post here. That’s your call.
If Shiller is right (and there’s now 33 years of peer-reviewed research backed by 140 years of historical return data showing that he is), there will be another crash. When that crash comes, you Goons will fall and this site will become the most famous site in the history of the internet.
Patience is a virtue, grasshopper.
Rob
Rob says
If you really felt a post in reply to your blog was ‘intimidating,’ then any sane person would simply ignore it. And if it were intimidating to the degree of proposing/threatening something illegal or dangerous, then that same sane person would IMMEDIATELY contact law enforcement and preserve evidence, but surely not repost the offending message! And the very last thing they would do would be to both post it, and to then reply to it publicly. That would be literally crazy.
And if Rosa Parks really felt that it was wrong that she was not permitted to choose her seat on a bus, she would not have paid money to ride buses. That would have been insane! She would have taken cabs instead.
Societies change when the people who love them demand change. Corruption is overcome when honest people point it out in an unflinching manner.
If you want me to stop posting about your corruption and the corruption of my good friend Jack Bogle, you’ll need to persuade Jack to use his power and money and influence to get me thrown in prison. Short of that, you’re dreaming.
Short of that, I would advise you to pray very, very, very hard that we don’t see another price crash.
I naturally wish you all the best that this life has to offer a person (and that can be seen from the bars of a prison cell!).
Rob the Unflinching Bus Rider
laugh says
If Rosa Parks was 1/100th as self absorbed and self righteous as you she would have been forgotten to history or perhaps completely ignored.
That should tell you something about your prospects.
Rob says
People of course said similar things about Parks in the day when she was standing up to Goons.
It goes with the territory, Laugh.
The bottom line here is that Greaney’s retirement study contains no adjustment for the valuation level that applies on the day the retirement begins.
Millions of people have been hurt in very serious ways as a result of his acts of deception and intimidation.
And they will be heard from following the next price crash.
Or so Rob Bennett believes, in any event.
My best wishes to you and yours.
Rob