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 everyone followed the peer-reviewed research, we wouldn’t have bull markets. Anonymous.”
Your opinion is not research. What you want is for everyone to do what you say. Sorry, but this is not a dictatorship. People all run away from you, avoid you and/or block you. You keep telling us how everyone else is wrong, but you never consider that you are the problem.
I want everyone to feel free to express their honest views. I don’t want intimidation tactics employed by the members of Buy-and-Hold Goon Squads to have any influence in what people say about how stock investing works. It’s not just my opinion that Shiller’s research shows that valuations affect long-term returns. It was because he produced this amazing, revolutionary advance in our understanding of how stock investing works that he was awarded a Nobel prize in Economics.
“People” do not run away from me or avoid me or block me. The sorts of individuals who have put up posts in “defense” of Mel Lindauer and John Greaney do. Thousands of our fellow community members have expressed a desire to see every discussion board and blog on the Internet opened to honest discussion of the last 43 years of peer-reviewed research in this field. That ain’t running away from me. That’s embracing my core message.
I believe that the same laws that apply in every field of human endeavor other than the investment advice field should apply in the investment advice field as well. That’s where I’m coming from re this matter.
My best wishes to you and yours.
Rob


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