I’ve added Podcast #34 to the “RobCasts” section of the site. It’s called My Conversations with Michael Kitces.
Michael is a good and obviously smart guy. But he does not yet see the benefit of saying in clear and plain language that the Old School SWR studies get all the numbers wrong. It’s by acknowleding the errors of the past that we gain the ability to advance to the golden age of investing — the Rational age.