Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
I, and many others, are confident in buy, hold and rebalance. You seem to be the only one confident in VII.
Your words say that you are confident, Anonymous. Your actions don’t back up your words. People who are confident don’t advance death threats. People who are confident don’t demand unjustified board bannings. People who are confident don’t put forward tens of thousands of acts of defamation. People who are confident don’t threaten to get academic researchers fired from their jobs.
You evidence bravado, not confidence. It’s not the same thing. Confidence is quiet and calm and non-violent. Confidence is not Goonish. No way, no how.
I am confident re Valuation-Informed Indexing. But I do not possess a perfect confidence. I think there is a small possibility that I am wrong. I would never dream of seeking to have a Buy-and-Holder banned solely because he believed in Buy-and-Hold and because he expressed his sincere beliefs in a community in which I participated. The fact that I can say those words about Valuation-Informed Indexing and that you cannot say them about Buy-and-Hold shows the difference between us and the difference between the two strategies. It’s the fact that I can say what you cannot say that tells me that Valuation-Informed Indexing is the future and that Buy-and-Hold is the past.
I may be the only one who possesses the level of confidence that I possess in Valuation-Informed Indexing. My confidence has increased as I have studied it in more depth and no one else has had the opportunities that I have had to study the new model in such depth. But thousands of our fellow community members have expressed a desire that honest posting be permitted at every investing discussion board and blog on the internet. And all of those people have great confidence in the American nation, which is the nation that has adopted laws making financial fraud a felony punishable by a prison sentence. And the thousands that I have met on the internet represent millions in the real world. We have confidence in what we believe, we have confidence that our economic and political systems are good ones and that Goons like you need to be placed in prison cells if our economic and political systems are to survive and indeed thrive in days and years to come. We will prevail. You will go down. I am sure.
But we will have to wait for the next price crash to find out for certain how it is all going to play out, no? I hope that works for you.
That’s my sincere take re this terribly important matter, in any event.
I naturally wish you all good things
Rob
feed twitter twitter facebook