Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
You’d need a phrase, something like “twisting, burning train wreck on top of a dumpster fire inside a toxic waste dump”.
That’s why Wade Pfau’s conclusion after studying Valuation-Informed Indexing in great depth for many months was: “Yes, Virginia, Valuation-Informed Indexing works!”
Makes sense!
Rob
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