I’ve posted Entry #224 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called We Can End the Boom/Bust Economic Cycle by Becoming More Aware of How the Promotion of Buy-and-Hold Investing Strategies Contribute To It.
Juicy Excerpt: Please take a look at the following series of numbers:
25, 6, 33, 6, 22, 9, 24, 7, 44
If the pattern evidenced in this series of numbers continues, which of the following numbers will come next?
(1) 25 or something in that neighborhood
(2) 15 or something in that neighborhood
(3) 8 or something in that neighborhood
(4) It’s impossible to say, there is no pattern evidenced in the above series of numbers
I took the nine numbers in the series above from Yale Economics Professor Robert Shiller’s site.