Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
If you had friends and they were scared, they could post anonymously. Your story doesn’t hold water.
Even if you post anonymously about the realities of stock investing, you have still separated yourself from the pack, Anonymous. Irrational exuberance is vulnerable stuff. If people talk about it, the Pretend Money goes “Poof!” People do not want to be separated from the pack. That was put in us by evolution. So even anonymous posting does not solve the problem.
When every site has been opened to honest posting. I think that will solve it. The more that people see others doing it, the more comfortable they are going to feel doing it themselves.
Rob
I guess the entire world just has to suck it up and mindlessly agree with you, right? Everyone wants to be broke when they turn 60 and hope that their spouse dumps them, so that they can sit around all day and complain about how the rest of the world doesn’t treat them right.
The world will do what the world elects to do, Anonymous.
What I am going to do is to continue to say that I sincerely believe that the retirement study posted at John Greaney’s site lacks an adjustment for the valuation level that applies on the day the retirement begins.
There were a number of people at the old Motley Fool board who I over time came to think of as friends.
My best and warmest wishes to you and yours.
Rob
Gee Rob, you finally convinced all. I have alerted all the goons around the world and instructed them to open up the entire internet, including all of the investment boards, with orders to give you full access to every site and board.
That sounds good, Anonymous.
Please understand that the right to post honestly needs to apply to everyone, Valuation-Informed Indexers and Buy-and-Holders alike. My strong hunch is that you are playing games again with this comment. But if you were sincere about it, it would represent a huge advance for the people of the United States. We all very much need to know the true and lasting value of our investment portfolio. Effective financial planning is not possible without access to that critically important information.
My best wishes, as always.
Rob