Yesterday’s blog entry offered the text of an e-mail that I sent some time ago to a fellow who posts on the internet as “George Washington.” Set forth below is the text of the correspondence between us that followed from that e-mail:
I don’t have any other leads right now, but will tell if you if I think of any.
I had hoped that the article would remain longer on the front page of Zero Hedge (which is actually a much more popular site than the Big Picture), but it was only there for an hour or so …
Thanks much for your response. You are a hero!
I do understand that Zero Hedge is probably bigger traffic-wise.
Big Picture was a much better fit, though. I am very happy that
you thought to place it there.
The people at Zero Hedge are 100 percent open to accepting
that valuations matter. That’s a plus. But they tend to be on the
doom and gloom side. All of the comments I saw at that site
were intelligent. But they tended to be laced with cynicism.
My work is aimed at providing a SOLUTION to the problem.
I try hard to avoid saying that the people pushing Buy-and-Hold
have bad motives. I truly believe that in the vast majority of
cases they do not (even though some of the behavior I have
seen is off-the-wall stuff).
Barry Rithlotz followed up without me saying anything with
a link to an article at my site titled “Why Buy-and-Hold Can
Never Work”. He put that link up at 4:00 PM yesterday and
I saw the biggest traffic day in my blog’s history as a result
of the traffic from then until midnight. And I have several
e-mails in my box this morning from people who came in
through that link and who are trying to learn more about the
concept. So it is clear to me that Big Picture is the perfect
sort of place for my stuff.
I am going to write Barry and ask whether I can have any
sort of ongoing relationship with the site. Is there anything
you can suggest re how I proceed? I ask because I presume
that you have some sort of relationship with him and because
it would be huge for me if he were open to featuring some more
of my stuff in the days ahead.
If you are not able to offer any tips, I fully understand. You have
already helped me so much that I cannot tell you how big a deal
it is to me. I just don’t want to make any mistakes. So I feel that
I need to ask.
Please do keep in mind my offer to help you any time in the future
that I am able to. You really have made a big difference, more
than you can understand given your limited knowledge of what
is going on here (the story is one that you would not be able to
believe if you knew it all).
I send Barry and some other folks links to my posts. He ran my post on your method after I emailed him the link, and he obviously took enough interest to post a follow-up link.
So my best advice is to send him your new posts, with a personal email.
Best of Luck!
P.S. I certainly understand about breaking through when people have been trying to hold back your work. I encounter that not only in financial areas, but also issues of war-and-peace-, the environment, etc.
That makes perfect sense.
Thanks again for all of your acts of kindness.