I’ve posted Entry #263 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called Shiller’s Comments About the Recent Price Drop Are Disingenuous.
Juicy Excerpt: I rank Robert Shiller as the most important investing analyst of all time. So, when the thought of giving this column entry the headline that you see above popped into my head, I hesitated. I looked up the word to see precisely what it signifies to say that something is “disingenuous.” The answer that came back is: “not candid or sincere, typically by pretending that one knows less about something than one really does.” I concluded that the term fits.