Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Why do you have a comments section? You really aren’t interested in a real discussion. You never give any serious consideration of anyone else’s comments and you even block the majority of comments. When you do allow comments, it is only so you can respond with the same lines you have used for the last 2 decades. You might as well just totally shut down the comments section as it serves no real purpose.
I want feedback.
I’d like to have other Valuation-Informed Indexers posting here. Just because you believe that valuations affect long-term returns doesn’t mean that you know all there is to know about how stock investing works. We should all be talking things over with each other. That’s how we deepen our understanding and identify weak points in our understanding.
I’d like to have lots of Normals posting here. I want to know why people who have doubts about the merit of the last 38 years of peer-reviewed research have those doubts and I want to learn how to address those doubts effectively so that I can persuade millions to join the research-based investment advice revolution.
The only ones that post here even a tiny bit regularly are you Goons. You Goons are a bit of a drag at times, to be sure. But I cannot say that I have not learned important things from you from time to time. So I am reluctant to shut you down. I put up with the ugly stuff because I want to mine the good stuff, which really is there, buried deep down inside. The full truth is that buried deep down inside every Goon is a human who longs to know how to invest effectively for the long term as much as all the rest of us. I try to keep my focus on the good stuff that you bring to the table to the extent that that is possible and to tune out the boring, nasty, arrogant, foolish stuff.
Does that help a little bit?
Comment-Permitting (and Encouraging!) Rob


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