I’ve posted Entry #442 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called Shiller’s Research Findings Are the Cancer Cure of the Investment Advice Field.
Juicy Excerpt: What is the bad side of stock investing? It’s the possibility of losing most of your life savings in a short amount of time. Stocks are a super asset class most of the time. But there are those rare occasions when they deliver a wipe-out that remains in effect for a considerable stretch of time. Wipe-out losses are not forgotten by the investors who experience them. Wipe-out losses are the one black mark on an otherwise golden investment class. Wipe-out losses are the cancer of the investment advice realm. Shiller developed the cure.


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