“The Universal Consensus Is That I Am Right. You Goons Think That I Am Right. If You Didn’t Think That, You Never Would Have Engaged in a Single Criminal act, You Would Just Engage in Civil and Reasoned Back-and-Forth Discussions.”

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

So you’d rather be cut off from the whole world. That is preferable to considering the idea (actually the universal consensus) that you are wrong.

For someone who claims to love his fellow man, that’s a pretty darn misanthropic attitude.

So you’d rather be cut off from the whole world. That is preferable to considering the idea (actually the universal consensus) that you are wrong.

For someone who claims to love his fellow man, that’s a pretty darn misanthropic attitude.

The universal consensus is that I am right. You Goons think that I am right. If you didn’t think that, you never would have engaged in a single criminal act, you would just engage in civil and reasoned back-and-forth discussions.

There was once a universal consensus that the earth was the center of the universe. Science showed that that universal consensus was wrong. Good for science. There was once a widespread consensus that market timing (price discipline!) is not required when buying stocks. We now have 40 years of science saying otherwise. I am a science guy.

Full truth be known, a lot of Buy-and-Holders like science too, at least deep down. They don’t like it when new science comes along to replace an old science on which they have bet their entire lives. But deep down, the Buy-and-Holders have a soft spot for science, I believe that seeing 75 percent of their stock portfolios disappear into thin air may bring that soft spot for science to the forefront of their thinking. We’ll see.

I know that death threats are not science. I know that extortion ain’t science. I know that financial fraud is not science. The criminal stuff is the opposite of what the Buy-and-Holders believed in the days when they were starting out. I think that they had it right in the early days.

Science changes. Like it or not, that’s the realitty.

Rob