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 are right about everything, Rob. That is why you have tens of millions sitting in your account right now, thousands of followers flocking to your website everyday making thousands of posts in support and your wife begging to come back.
The reason why I am banned is that, once the transition is achieved, everyone posting honestly re the research will have those things. The greater the advance, the stronger the opposition from those who saw success under the old, discredited system. Going by that rule, I think it would be fair to say that the move from Buy-and-Hold to Valuation-Informed Indexing is the biggest advance in the history of personal finance.
I can live with that.
Rob
Gee, why did I follow the old system? I am now burdened with millions of dollars when I could have followed the new system and be broke like Rob Bennett. Silly me.
Irrational exuberance does put money in your account for a time, Anonymous. That’s how it works. That’s the appeal.
Rob
Money has consistently come into my account for over 30 years. Do you have money in your account?
The only problem I have ever experienced financially is rooted in the abusive and in some cases criminal behavior of you Goons.
Rob
Then you should stop your abusive and criminal behavior. I am also guessing that the fact that you haven’t worked in 25 years also has something to do with it.
My job for the last 23 years has been to open every site on the internet to honest posting re the last 44 years of peer-reviewed research in this field. Do you think it is going to happen by itself with no one working it. The history of the thing shows that you would be wrong to think that. Do you think that it is easy work? Try it for two days and see if that changes your mind.
In ordinary circumstances, there would be no need for me to take on this work. There would be universal agreement that posting re the peer-reviewed research would be permitted. The first 23 years of discussions shows that the Get Rich Quick urge residing within all of us is a very strong thing.
It doesn’t follow that we will never replace Buy-and-Hold with Valuation-Informed Indexing (Buy-and-Hod updated to reflect the last 44 years of research). I believe that we are a fundamentally good people. If we were 100 percent corrupt, we would never have permitted Shiller to publish his research in a peer-reviewed journal in the first place.
We’ll see.
Rob
“My job for the last 23 years has been to open every site on the internet to honest posting re the last 44 years of peer-reviewed research in this field. ”
Approximately how many sites have you managed to open up in those 23 years?
I opened every one at which we did not see abusive posting.
If Buy-and-Holders believe that Buy-and-Hold cannot survive without abusive posting, that’s a huge story in itself.
Rob