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 write these words, yet ignore the realities. As you have acknowledged, you haven’t made anything. Further, you have no track record or any other successes with VII. The very fact that you been unsuccessful shows you why no one is interested in VII.
It’s time to face reality in that your plan failed and you should be going with a plan “B”.
I accept the realities. But I view them as temporary realities.
You are right that, as Valuation-Informed Indexing begins making money for people, people will flock to it. Today, there is no money in it. So people stay away from it.
If Shiller is right, we will be seeing another crash within the next year or two or three. If enough people are hurt in a serious enough way, there will be a demand for explanations and for strategies that insure that nothing like that can ever happen again. Valuation-Informed Indexers will be able to offer research-based answers to people’s questions and I believe that they will.
At that point, a few people will be making money with it. That will cause a few others to test the waters. Then more people will be making money. And then the idea will not seem so odd anymore because there will be a significant number of experts advocating it. Then the floodgates will open and things will just get better and better and better.
The ideas are rock-solid strong. But we need to get to a point where there are enough people advocating VII for it to take off. With 38 years of peer-reviewed research behind us, we are very close. We just need a few people to stand in the fire long enough to help a few others to feel comfortable getting on board.
All of the intimidation stuff tells me that the Buy-and-Holders recognize the power of the concept. If they didn’t see great power, they would not behave the way they do. You see the intimidation stuff as a reason to drop out. I see it as a reason to hang in there. We are coming at this thing from different perspectives.
Take care, man.
Rob


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