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The Old Ideas on Saving & Investing Don't Work -- Here's What Does

Valuation-Informed Indexing #592: All Discussions of Stock Investing Should Acknowledge That There Are Two Schools of Academic Thought re the Basics

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I’ve posted Entry #592 to my weekly Valuation-Informed Indexing column at the Value Walk site. It’s called All Discussions of Stock Investing Should Acknowledge That There Are Two Schools of Academic Thought re the Basics.

Juicy Excerpt: I believe that the answer is for all who work in the field to work for the formation of a consensus that there are today not one but two academic models for understanding how stock investing works. There is of course the Buy-and-Hold Model, which remains dominant. And since the publication of Shiller’s research, there is a second model, the model rooted in Shiller’s research findings, Valuation-Informed Indexing.