Set forth below is the text of an e-mail that I sent on December 3, 2019, to John Tamny, author of the article Apple, Google and Microsoft Mock the Absurd ‘Money Multiplier’ Theory:
John:
My name is Rob Bennett. I liked your article on “Apple, Google and Microsoft Mock the Absurd ‘Money Multiplier Theory” a lot. Economics is an important subject. But I have learned through my own investigations that much of what in this field is presented as science is really myth. We need to question basic assumptions in the economics realm. Thanks for doing that.
I am always on the look-out for independent thinkers to hear my case for why the Buy-and-Hold investment strategy is both discredited (by Robert Shiller’s Nobel-prize-winning research) and dangerous. Here’s a link to an article that sums up the case in one place:
[Link Supplied Here]
I would be thrilled to hear any thoughts from your end of the table.
Please take good care.
Rob
Any speculation that VII is successful would be a myth until there is any verifiable outcomes data.
It’s up to each investor to decide for himself or herself which strategy to follow after hearing the case for each. That’s why we have laws against financial fraud and against extortion and against advancing death threats. As a people we have decided that such laws are needed to protect us against the efforts of overzealous advocates of one strategy to suppress the discussion of the implications of research supporting a different strategy that people need to be able to hear to make an informed choice.
I believe that we will see those laws enforced in a reasonable way in the days following the next price crash, when the risks of the widespread promotion of Buy-and-Hold will no longer be theoretical but will have become painfully concrete for millions of people. I will continue posting honestly re safe withdrawal rates and re scores of other critically important investment-related topics and we will find out together how it all plays out.
Will announcement of your prison sentence count as verifiable outcomes data, in your assessment, Anonymous?
I wish you the best of luck with it, in any event, my dear Goon friend.
Speculative Rob