A well-reasoned Blog Post from Japan

14

January, 2010

http://nihoncassandra.blogspot.com/2009/01/in-defense-of-case-against-hifters.html

A friend send me the above link, which I copy below. I admire the author’s cool, level-headed reasoning and presentation of his/her viewpoint. I hope you enjoy it.

In Defense of The Case Against HiFTers

In principal, I am reticent to contradict Burton Malkiel because I respect him, large, but I feel that I must raise a few salient points in regards to his recent FT Op Ed. He says essentially

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