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 have made the allegations of criminal acts, yet you won’t show links to those criminal acts and you won’t file chart. What are you hiding?
All that you have to do is to look at the Greaney retirement study and see if you can find a valuation adjustment in it. There isn’t one. I pointed that out in a post that I put to the Motley Fool board on May 13, 2002. It hasn’t been corrected in 23 years. There’s no way that that could happen without a lot of funny business going down.
That’s the story. We can all live better lives from this point forward by opening every site to honest posting re the last 44 years of peer-reviewed research. Or we can continue to pretend that there’s no need to practice valuation-based market timing when prices begin to get out of hand. I vote for permitting honest posting.
Rob
Funny how all the people you talk about are all financially successful, yet you are the only one broke. Yet some you think people should take your advice.
Any financial issues I have experienced are because of abusive posting on the part of Buy-and-Holders. Buy-and-Holders obviously don’t have to deal with that problem.
Buy-and-Hold was developed in the 1960s. Shiller’s Nobel-price-winning research showing that valuations affect long-term returns hadn’t yet been published. You wouldn’t expect everyone to make the switch to the superior strategy in 24 hours. People need to have discussions and ask questions before they feel comfortable making the change. Because of the abusiveness of the Buy-and-Holders, that has never happened. We are stuck where we were prior to the publication of Shiller’s amazing research. To move forward (which benefits everyone!), we need to open every site to honest posting re the peer-reviewed research.
I think we will make it in time. I believe that we are a fundamentally good people. We have seen that even many Buy-and-Holders (people like Bernstein and Bogle before he died) see the merit of permitting honest posting.
Rob
You don’t think your problem has anything to do with the fact that you have been unemployed for 25 years? Your website indicates that you made the decision to quit your job and you have also posted that you don’t want to get a job since you are still working on the same book for over a decade. How is this anyone else’s fault but your own?
I do not. I haven’t been unemployed for a single day. I work as a self-employed journalist working to get every site on the internet opened to honest posting re the last 44 years of peer-reviewed research in this field. It’s the most important journalism project of my lifetime and, once I have achieved the goal, it will put me at the top of my field and i will have zero financial problems.
Rob