Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
The experts do not have a lack of knowledge or information. Either all these experts are lying or it is just you lying, I think we all know how to answer that one.
I say that we all — experts and ordinary investors alike — have a lack of UNDERSTANDING. We need as a nation of people to give ourselves permission to discuss Shiller’s Nobel-prize-winning research at every discussion board and blog on the internet. The more we talk about it and explore it from all possible angles, the surer and firmer will be our appreciation of all the far-reaching implications of his many amazing breakthrough insights.
My sincere take.
Rob
I think every board and blog should be open to my ideas and opinions, but that is not the way that things work.
Every investing board and blog should certainly be open to your ideas and opinions on investing. That’s the entire purpose of boards and blogs — to provide places for people to share their thoughts.
I have never seen a board or blog that banned posting by Buy-and-Holders. I have seen many that ban honest posting on Shiller’s Nobel-prize-winning research. That’s why today’s CAPE is 36. People are only hearing one side of the story. Not good.
Rob