Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
“My $500 million settlement payment will put me way ahead of the game financially”
And how much of that $500 million have you collected?
We offer huge financial rewards for those who push the pure Get Rich Quick/Buy-and-Hold strategy and death threats and career destruction for those who promote the first true research-based approach (Valuation-Informed Indexing). That’s why we have a CAPE value in the mid-30s today.
We need to flip that. There are huge amounts of money to be made offering honest, accurate, research-based investment advice., But most people think it is not worth what you Goons put them through. When we put you Goons in prison cells, that will make it 100 percent clear to everyone who works in this field that it is now safe to post honestly. And, when we provide huge financial rewards to those who do so, that will seal the deal.
I wouldn’t be in line for a $500 million settlement payment had there never been any criminal behavior. Had there been no criminal behavior, there would be lots of people saying what I am saying. There would still be value to what I said. But not nearly the same value. Much of the value of my stuff comes from the fact that no one else is saying it and we need to establish a precedent in which someone does honest work in this field and gets rewarded handsomely for it. That changes everything.
Or so Rob Bennett sincerely believes, you know?
It is will be interesting to see how things play out.
Rob
When nothing has changed for you, why wouldn’t you consider the fact that you have been wrong all this time. While some people might just be looking to make fun of you, most others are just looking at the facts and trying to point them out to you.
Because the Greaney retirement study is available on the internet and I can pull it up at any time and take a look and I am no more able to find a valuation adjustment today than I was 19 years ago. If there really is no valuation adjustment in that study, then I was right in what I said in my famous post from the morning of May 13, 2002.
And, if I was right, then it is very scary that we are 19 years down the road and the study has not been corrected to this day. That’s the number one public policy issue before our nation today. We all should be talking about that. We all have to invest to finance our retirement. So we all need access to honest and accurate and research-based investment advice.
My best wishes to you.
Rob
If you were paid even 5 cents, you would have been vastly overpaid for your contributions to the investing community.
Yeah yeah.
You say that because you are a Buy-and-Holder.
You don’t want to see people learning about the far-reaching implications of Shiller’s Nobel-prize-winning research. You are biased. And you are highly emotional re this subject.
My sincere take.
Rob