“One Side or the Other is Deeply Irrational”

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 think it is you Goons who are in denial.”

Because you’re irrational. So once again, we circle back to the beginning. A merry-go-round you refuse to ever step off.

One side or the other is deeply irrational, I think that at least that much is more than fair to say.

It all comes down to how one elects to deal with the emotionalism of the investing experience. The Buy-and-Holders pretend that it doesn’t exist. If there is never a mention of investor emotion, then investor emotion does not matter, right?

The Valuation-Informed Indexers acknowledge the emotionalism of the investing experience and make an effort to come to terms with it. The hope is that by coming to terms with investor emotionalism we can reduce its negative impact.

I naturally wish you the best of luck with your choices, even though my personal view is that your choices are not the best that could be made.

Please take good care, old friend.

Merry-Go-Rounder Rob