Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
How can any of us be suppressing information. We don’t run any of these boards. Instead, it seems YOU are suppressing information. Look at how many posts you have blocked. You are clearly afraid of having facts on your board because it doesn’t not support your narrative.
You don’t run the boards. But you disrupt the conversations held at them with abusive posting. We all have a Get Rich Quick/Buy-and-Hold urge residing within us. It’s been causing bull markets and economic collapses so long as there has been a stock market. So people start out with sympathy for the Buy-and-Hold case. And you make it unpleasant for them to ask the questions that they need to ask. And the Normals don’t possess one-tenth of the determination to participate in the discussions as you possess to stomp them out. So we are where we are.
As a nation of people, we are making progress. We are close. We have 44 years of peer-reviewed research showing that valuations affect long-term returns. I think we will eventually make it to the other side and no one is going to want to return to the Buy-and-Hold says once we do. We’ll see.
My best wishes.
Rob
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