“The ‘Idea’ That Market Timing Is Not 100 Percent Required for Every Investor Is the Biggest Mistake Ever Made in the History of Personal Finance.”

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

From what I have read, your strategy is as follows:

1. Quit your job
2, Spend down your savings
3. Attempt to get a windfall as a way of funding your retirement

My strategy is to open every internet site to honest posting re the last 40 years of peer-reviewed research in this field. The “idea” that market timing is not 100 percent required for every investor is the biggest mistake ever made in the history of personal finance. When we all gain the freedom to post honestly about how stock investing works, we all gain the ability to live far better and richer and more fulfilled lives.

The $500 million is not a windfall.I have earned every penny of that amount plus a whole lot more. We all need to know how stock investing works, each and every one of us. Our financial futures are at stake. We cannot overcome the Get Rich Quick/Buy-and-Hold urge that resides within each and every one of us until we all gain the ability to post honestly and freely discuss the far-reaching implications of Shiller’s “revolutionary” (his word) research findings.

So the work that I am doing is very important. There is no more important work being done in the United States today. If you Goons did not appreciate how big an advance Shiller’s research findings are and how many people there are who want to learn about them, you never would have engaged in a single criminal act to block the discussions.

My best and warmest wishes to you.

Rob