Since the 70s
an entire academic industry — bolstered by the stylistic emulations of Sirk by Rainer Werner Fassbinder (whose beautifully suggestive essay on Sirk is available on the DVD of All That Heaven Allows)-- has been built around that idealization, and Haynes undoubtedly imbibed this kind of wishful thinking, along with Roland Barthes» Mythologies, as a graduate student in Brown University's semiotics department.
The
entire problem came about because the
academic research showing that valuations affect long - term returns was published AFTER The Stock - Selling
Industry had already directed a good bit of money and effort to the task of persuading investors of the merits of the Passive Investing model.