I’ve posted Entry #108 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called Robert Shiller Does Not Always Give the Best Investing Advice.
Juicy Excerpt: Shiller’s advice on the practicalities of stock investing often leaves something to be desired. He offers better advice than most Buy-and-Holders. Unfortunately, that’s not saying much. I have been following Shiller’s comments on the how-to questions of stock investing for several years now and, while there are almost always valuable insights contained in them, I cannot recommend that investors follow his advice without exercising a good deal of caution in doing so.
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