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 guess Ken missed out on the millions.
We’re all missing out, Anonymous. Every last one of us.
You are being sarcastic. You are suggesting that no one has ever missed out on anything before. The reality is that it happens all the time.
Had Steve Jobs not dropped out of college to pursue his vision, do you think that we all would have missed out on stuff? I do.
Had Martin Luther King not put his life on the line to pursue his vision, do you think that we all would have missed out on stuff? I do.
Had the Beatles quit the music business when the work product of their first recording session was rejected, do you think that we all would have missed out on stuff? I do.
The last 35 years of peer-reviewed research is the most important 35 years of peer-reviewed research in the history of investing analysis. We are all missing out big time by not permitting ourselves to learn about it. Allowing human knowledge of how the stock market works to advance is a win/win/win/win/win.
It is the proverbial free lunch. There aren’t that many of them around. But they do exist. Learning experiences are a true free lunch. No one loses from learning experiences. Everyone wins. Shiller’s “revolutionary” (his word) findings promised to bring on a HUGE learning experience. So we are all missing out on a lot.
That’s my sincere take re these terribly important matters in any event.
I naturally wish you the best of luck in all your future life endeavors.
Rob


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