Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
See above. It has already played out. Time for you to go get that job.
I intend to seek corporate employment at the end of the year, when I have finished my book.
But it is not going to make much of a difference.
I will still be writing my weekly column. I will still be checking the blog each night to see if there have been comments and to respond to them. I won’t be able to response immediately, that’s a small difference. But is that such a biggie? I sure don’t see how.
I am still going to be doing the honest-posting thing. So how are you Goons better off?
It all comes down to how millions of middle-class Americans react when they lose 50 percent or more of their life savings. Do they at that time applaud Buy-and-Hold or do they turn on it? I think they are going to turn on it. But I thought that Greaney’s Campaign of Terror against the hundreds of people who wanted to see honest posting permitted at the Motley Fool board was going to be brought to an end within 48 hours, 72 hours at the tops. The joke was obviously on me re that one. It is at least a theoretical possibility that the millions of people who lose more than half of their life savings in the next price crash will applaud the Wall Street Con Men and you Goons for what they and you have done to them. We are just going to have to wait and see how it all plays out to know for certain.
I didn’t call Greaney out on his b.s. for three years. I knew that his retirement study didn’t contain a valuations adjustment the first time that I looked at it. It was the first thing that I looked for when I discovered his web site. So my hands are not 100 percent clean re this matter. I have goonish tendencies working inside me too. We all do. I was a proud Buy-and-Holder myself once upon a time. I was in the company of millions of good and smart people. So sue me, you know?
If we are ever going to move beyond Buy-and-Hold to something real, we are going to have to open every site on the interest to honest posting re the last 38 years of peer-reviewed research in this field. There is no other way. We cannot think about something until we give ourselves permission to talk about that something. And Shiller’s Nobel-prize-winning research findings are something that we very, very, very much need to be thinking about. So we are going to have to as a nation work up the courage to stand up to you Goons and have the laws against financial fraud enforced at every discussion board and blog on the internet. That’s my sincere assessment after 17 years of this — er — stuff.
I wish you all the best, okay? I think of you as a friend, your goonishness aside. I would like to think that that counts for a little something, whether you are open to saying so or not.
My best wishes to you, dear Goon FRIEND.
Honest-Investment-Discussion-Seeking Rob


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