Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
“Yours comes with death threats and demands for unjustified board bannings and thousands of acts of defamation and threats to get academic researchers fired from their jobs.”
Death threats? You mean this link you sent to the police that is obviously not a death threat?
https://boards.fool.com/sydsydsyd-theyre-taking-them-down-as-fast-as-we-18207722.aspx?sort=postdate
I did indeed show that to the police. And, yes, that is indeed a death threat.
Posts like that do not belong in discussions of how stock investing works. And it is ALWAYS the Buy-and-Holders who advance such posts. It is only a small number of Buy-and-Holders who do that sort of thing. But it is a LARGE percentage of the population of Buy-and-Holders who TOLERATE that sort of thing.
Motley Fool should have banned the person who advanced that post. The post is clearly in violation of their published rules. They didn’t ban the person who advanced the post because the majority of the population of the board was Buy-and-Holders and Motley Fool wanted the money that came in as a result of having those people at the site.
This is why Buy-and-Hold is so dangerous. It is an emotion-based strategy. It cannot survive in a world in which posting based on the last 37 years of peer-reviewed research is permitted. So it is not just that the Buy-and-Holders get it wrong. Getting it wrong is a small thing in relative terms. It is that the Buy-and-Holders cannot tolerate anyone else getting it right. Buy-and-Holders attack those who advocate research-based strategies because, when people come to see the merits of research-based strategies, it makes the Buy-and-Holders look bad for promoting the OPPOSITE of what works. What works is to always practice price discipline when buying stocks. Buy-and-Holders tell investors NOT to exercise price discipline (long-term timing). Huh? What the f?
I OPPOSE that sort of post, Anonymous. Please feel free to spread the word all across the internet. I would feel that you were doing me a favor by doing so. That sort of thing is not my particular cup of tea. It’s not a close call. The primary reason why I chose to build the Retire Early at Motley Fool is that they had the strongest rules on the internet protecting people from that sort of posting behavior. Motley Fool should have enforced its published rules in a reasonable manner despite the fact that it would cost them a few bucks in the short term to do so. You Goons wouldn’t be going to prison had they done that. So we would all be better off had Motley Fool just done its job.
That’s my sincere take re these terribly important matters, in any event. I naturally wish you the best of luck in all your future life endeavors, in any event.
Death-Threat Critic Rob


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