Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
No one supportsyour position. Got it.
Ever hear of the phrase “pissing in the wind”?
I didn’t say that no one supports my position, Anonymous. I said that as of today no one has worked up the courage to SAY PUBLICLY that they support my position.
That’s what we need to change. When we reach a point where everyone in this field is openly talking about the massive act of financial fraud that brought on the economic crisis, we all move to a far better place than where we are, a place where deep in our hearts each and every one of us would prefer to be.
We will all be presented with new opportunities to show our love for our country following the next price crash. It is my strongly held view that we are all going to make it safely to the other side of The Big Black Mountain and that, once we do, not one among us will ever look back to the Buy-and-Hold Era with any feelings of regret.
But we are just going to have to wait to see how it all plays out to know for sure.
I long to see EVERYONE using words and terms like “Goons” and “financial fraud” and “prison sentences” on a daily basis. You don’t bring a massive act of financial fraud to a complete and total stop by covering it up. You bring a massive act of financial fraud to a complete and total stop by EXPOSING it. This is just common sense. This is how it is done in every field of human endeavor other than investing analysis and this is how it will have to be done in the investing analysis field as well.
These are my sincere thoughts re these terribly important matters, in any event.
My best and warmest wishes to you and yours.
Rob
Rob,
Did they cut you off again over at Valuewalk?
I don’t believe so.
The column entry that I had planned for posting today is marked “Pending.” That’s the status an article is given after it has been submitted and before it has been approved. There are 19 other articles listed as “Pending.” My guess is that the person who does the reviews has been busy with other things for the past few days.
But we will have to wait a bit to find out for sure. Please wish me luck!
Rob
Of course they have never cut me off before. The “again” thing is standard Goon talk.
Surprise! Surprise!
You cannot think clearly when your mind is so filled with hate, Anonymous. I think it would be fair to say that that has been our primary problem dating back to the morning of May 13, 2002. You are going to have to come to accept in time that you are as capable of anyone else of making a mistake, even on something as important to you are retirement planning.
That’s my sincere take re this terribly important matter, in any event.
Hang in there, my good friend.
Rob
You seem a bit “touchy” today, Rob. Things not going well?
I’ve been equally touchy since the first day, Anonynous. And about the same thing.
I don’t like Goon talk. It hurts everybody. It’s all negative and no positive.
Things are not going well in one respect — we are still hearing Goon talk. We are all worse off than we would be if there had never been any Goon talk or if we as a society had dealt effectively with it at some earlier time.
But things are going in an amazingly wonderful way in all other respects. For the last 35 years, we have had available to us all the major pieces we need to solve the stock investing puzzle. No earlier people have had access to all the good stuff that follows from that reality. We have it. We should be dancing in the streets.
We are working through a process that takes us from the rotten place where we are today to the wonderful place where we all deep our hearts long to be tomorrow. The good news here is 50 times more good than the bad news here is bad.
Would I change our situation to one where you Goons did not feel threatened because we had not gained access to the last big piece of the stock investing puzzle 35 years ago? I would not. Not in 10 billion years. Not for 10 billion dollars.
Does it drag me down that you Goons continue to live in negativity? Sure.
But whachagonna do, you know?
I don’t control the world, Anonymous. I control me to some extent and that’s about it. I have to live with what the rest of the world does, both the stuff I like and the stuff I don’t like. Like everybody else does.
I try to focus on the positive. There’s some negative that has been added to the mix. I don’t deny that. But I make an effort not to focus on it too much. I try not to let it stop me or hold me back. It has slowed me down a bit. That much is certainly fair to say. But it hasn’t stopped me for 15 years running now. I am proud and happy to be able to say that much.
I hope that helps a bit.
I naturally wish you all the best that this life has to offer a person, my good friend.
Rob
It is wonderful to see how principled Rob is.
It is equally sad to see how clueless Rob is.
That’s an odd comment, Laugh.
I naturally wish you all good things.
Rob
The column is now up:
http://www.valuewalk.com/2017/01/two-ways-bogle-reacted-shillers-research-without-admitting-mistake/
Rob
Nothing strange about it. You are a quintessential Don Quixote.
This nation is a Don Quixote nation, Laugh.
People tell us that good things that we are trying to do are impossible and we go ahead and do them anyway.
Call us all madcap.
Rob