Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Fantasy forecasts? You mean like forecasting that you will get a $500 million settlement payment?
Time will tell the tale, Anonymous.
If this was not a matter of great importance, you wouldn’t fight so hard. If the level of fight that you have directed to this matter is a good indicator of its importance, I will be getting a lot more than a $500 million settlement payment.
It’s not only Rob Bennett who will be able to do honest work in this field when this matter is brought to a successful conclusion. Every single person who works in this field will be able to do honest work in future days. And ever single investor in the world will be able to take advantage of the many powerful insights that follow from Shiller’s “revolutionary,” Nobel-prize-winning 1981 findings. Say that there were only 100 million investors in the world. That would be $5 from each of them. I think it would be fair to say that there won’t be one investor in the world not getting a whole lot more than $5 of benefits from being able to have thousands of professionals comment on the last 36 years of peer-reviewed research in this field, which just happens to be the most important 36 years of peer-reviewed research in the history of investing analysis.
We’ll see how it all plays out. But I don’t think it is stretching on my part for me to expect payments of a lot more than $500 million. Not after what we have seen during the first 15 years of The Great Debate As to Whether or Not to Permit Debate on the Last 36 Years of Peer-Reviewed Research. And I cannot help but wonder why it bugs you so much that I may be seeing a $500 million settlement payment on the other side of this. You will be one of those benefiting from the amazing learning experience that we all will be enjoying. Does it hurt you in some way that I will receive a settlement payment of $500 million? Why not wish me luck with it? Why not enjoy the reality that one of your fellow community members received a $500 million settlement payment and that you played a part in it? It’s a pretty darn exciting and amazing reality.
Why not take it even a step farther? I am not the only one who will be seeing a huge financial payoff on the other side of The Big Black Mountain. Why not try to develop some research-based investing insights of your own and receive some finance rewards of your own as a result of Shiller’s “revolutionary” (his word), Nobel-prize-winning findings? There’s no law that says that only Rob Bennett can mine these opportunities. The field is open to all. Instead of fretting about how much I will be seeing, you could be directing your energies to seeing that you receive a nice, big payment of your own.
You of course may do as you please. There is no law that says you must reap personal benefits from this. But I do believe that it would be a better use of your limited human energies to employ them making your life better rather than fretting over someone else making his better. Feeling anger over the good fortune of others pulls us down. As a friend, I would rather see you pulled up than pulled down.
These are my sincere thoughts re these terribly important matters, in any event.
I naturally wish you the best of luck in all your future life endeavors.