“I Believe That the Laws Against Death Threats and Against Extortion and Against Fraud Are Good and Important and Necessary Laws. If We Had Not Applied Those Laws in Other Fields of Human Endeavor, We Would Not Have Achieved a Lot of the Progress That We Have Achieved As a Society Over the Years. We Are Now in a Position to Achieve Great Advances in Our Understanding of How Stock Investing Works. I Think We Should Go For It.”

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 nation won’t survive if Rob Bennett is not allowed to post what he wants on other people’s websites?  Really?

You say that “everyone’s ideas are out there.”

The difference is that those pushing Get Rich Quick/Buy-and-Hold ideas do not have to worry about seeing the lives of their loves ones threatened or seeing their careers threatened if they post their sincere views re how stock investing works. Those who believe that Robert Shiller’s Nobel-prize-winning research is legitimate research do. So the Get Rich Quick ideas get 50 times the circulation. Buy-and-Hold came first. If Valuation-Informed Indexing is ever going to become the dominant model for understanding how stock investing works, we are going to have to decide as a society to apply in the investment advice field the same laws that apply in every other field of life endeavor.

I believe that the laws against death threats and against extortion and against fraud are good and important and necessary laws. If we had not applied those laws in other fields of human endeavor, we would not have achieved a lot of the progress that we have achieved as a society over the years. We are now in a position to achieve great advances in our understanding of how stock investing works. I think we should go for it.

That’s where I am coming from, in any event.

Rob