“It Will Take Thousands of Articles Before We Will As a People Come to Terms With All of the Exciting Investing Insights That Shiller Opened Up to Us With the Publication of His Nobel-Prize-Winning Research. But From Your Perspective, Everything That We Ever Needed to Know About How Stock Investing Works Was Known in 1980. To Your Ears, Every Word That I Write Is Another Boring Word Being Used to Support a Claim That Buy-and-Hold Is Not the Perfect, Final Answer.”

Set forth below is the text of a comment that I recently posted to the discussion thread for one of my columns at the Value Walk site:

In short, you have no plans to post anything new. Did I get that correct?

I certainly wouldn’t put it that way, Sammy.

From my perspective, Valuation-Informed Indexing is the future. There are thousands of things to be said about it that have never been said before. Shiller revolutionized our understanding of how stock investing works. It will take decades and thousands and thousands and thousands of articles before we will as a people come to terms with all of the exciting investing insights that he opened up to us with the publication of his Nobel-prize-winning research. In my assessment, every word that I write about the valuations question is new and important. Otherwise, I wouldn’t put them forward.

You of course have a different perspective. You are a Buy-and-Holder. From your perspective, everything that we ever needed to know about how stock investing works was known in 1980. To your ears, every word that I write is another boring word being used to support a claim that Buy-and-Hold is not the perfect, final answer.

We are coming at things from very different perspectives. I hope that is okay with you.

Rob