Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
You said the same thing 5 years ago and 10 years ago and 15 years ago and 20 years ago. Look at how all that worked out for you.
Your interpretation of Shiller’s work led to an “amazing” broke retirement and an “amazing” divorce.
I think it worked out extremely well, Anonymous. I of course hate all the abusive stuff. I’ve said that thousands and thousands of times. But I LOVE the learning stuff. Working through the abusive stuff is the price that anyone who cares about getting stock investing right has to pay in the year 2023 to get to the learning stuff.
So be it, you know? I wish that it wasn’t so. But things are what they are. Getting stock investing right is important. We all need to do what we need to do to get us all to a much better place than we ever even knew existed back in the dreary Buy-and-Hold days. This is an amazing advance. Everyone alive in the United States today has the potential to be living a richer and fuller and freer and better life in coming days. All we need to do to make it happen is to open the package that Shiller presented to us 42 years ago. I vote for doing that.
My best wishes.
Rob


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