“Long-Term Timing Is Price Discipline. Price Discipline Has Been Working for Stock Buyers for as Long as Stocks Have Been Available for Purchase. The Bennett/Pfau Research Paper Shows That Beyond Any Reasonable Doubt Whatsoever.”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

The buy, hold and rebalance investor knows that you cannot time the market. Secondly, there is yet to be even one documented successful VII person. Third, you are not the sole arbiter as to what constitutes the entire universe of research. Lastly, there is zero evidence to support your claims of threats.

In the end, we don’t need to take anyone’s word for anything. We merely look at outcomes. Case closed.

Long-term timing is price discipline. Price discipline has been working for stock buyers for as long as stock have been available for purchase. The Bennett/Pfau research paper shows that beyond any reasonable doubt whatsoever. That’s why Wade declared at the end of his research efforts that: “Yes, Virginia, Valuation-Informed Indexing works!” And that’s why you Goons threatened to get him fired from his job in the event that he continued doing honest work in this field. And that in turn is why you will be going to prison in the days following the next price crash.

I naturally wish you the best of luck in all your future life endeavors. But no financial fraud for this guy, no prison term for this guy. There are limits.

It will be interesting to see how it all plays out.

Price-Discipline-Believer Rob