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’ll supply a link to the members of your jury, Anonymous.”
I bet that if there was an article in which John Bogle or Robert Shiller said that Rob Bennett in the leading investment expert, you would provide the link without delay.
I don’t need Bogle or Shiller saying that I am the leading investment expert. There are thousands of people who have valuable things to say re stock investing and I am just one of them. We don’t need to identify any of them as the leading expert. We need to hear from all of them.
What I need Bogle or Shiller to do is to say that there is no place in discussions of how stock investing works for death threats or demands for unjustified board bannings or tens of thousands of acts of defamation or threats to get academic researchers fired from their jobs. If I saw behavior of that nature being advanced by other Valuation-Informed Indexers, I would disassociate myself from it in every way possible. I would be embarrassed by it. It would suggest that there is no reasoned case that can be made for Valuation-Informed Indexing. I of course I don’t believe that and I of course don’t want others to come to believe that. So I would speak up.
Everyone who knows about your behavior should speak up about it. There should not be even a tiny bit of controversy about speaking up re criminally abusive behavior. It’s over the line. Not one of us should tolerate it.
Lots of people do. But no one should. And part of the job of those seeking to make sense of stock investing in the year 2017 is to explain why lots of people tolerate things they should not tolerate.
When we’re all talking about this stuff in frank and open and honest and charitable ways, we will all be better off. I believe that we will turn the corner in the days following the next crash. But we will have to wait to see how things play out to know for sure. I have been wrong before. If it were happening again, there’s a good chance that I would be the last to know.
That’s my sincere take re these terribly important matters, in any event.
Rob
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