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 your plan on making money is to be selling people on the concept of your investment scheme versus making money utilizing the investment scheme. Got it.
There is a sarcstic tone evident in your comment, which is unfortunate. But the statement is essentially correct. I follow Valuation-Informed Indexing principles (which are the same as Buy-and-Hold principles, with the sole exception that market timing/price discipline is encouraged rather than discouraged) when investing. That means that I will earn higher lifetime returns while taking on less risk. Following VII priciples will generally add hundreds of thousands of dollars to one’s portfolio over the course of a lifetime. So it is no small thing. But it’s not something that is going to make someone millions overnight. It’s not intended to be that.
I believe that the journalism work will bring in hundreds of millions overnight. That’s because the 42-year cover-up has been so brutal. We have thousands of good and intelligent and hard-working people who long to do honest work in this field and who will be freed to do so once one large site opens itself to honest posting re the last 42 years of peer-reviewed research and promises to protect those who do honest work from the sorts of individuals who have posted in “defense” of Lindauer and Greaney. The leverage here is completely off the charts. And of course there are financial rewards that go to the person who led us from the Buy-and-Hold Era to the Valuation-Informed Indexing Era. It’s work that helps people that generate value and it would be hard to imagine anything that would produce more value than my idea of opening every internet site to honest posting re the last 42 years of peer-reviewed research, without a single exeption.
Hang in there, old friend.
Rob


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