John Walter Russell published his research showing that the numbers are wrong in the Old School SWR studies on May 18, 2002, JCL.

John Greaney should have corrected his study within 24 hours of the time he learned of the errors in it. Then we all should have gotten to work getting all the other Old School studies corrected. John Bogle and Bill Bernstein and Scott Burns and Jonathan Clements should have helped us get articles placed on the front pages of the Wall Street Journal and the New York Times.

Had that work been done in 2002, we wouldn’t be suffering through an economic crisis today.

The Ban on Honest Posting has hurt us all in a very big way. It is time to bring the Campaign of Terror to a full and complete stop.

My sincere take.

Rob

Oh, and I don’t appreciate you deleting my comments on the prior thread. Do you want an audience, or don’t you? I can easily leave if you prefer…????

there is no reverential status reserved for his work

A small number there who fancy themselves “leaders” of the community assign “reverential status” to the Buy-and-Hold concept, Liz Fan. That’s the problem.

The errors in Greaney’s study came about because of his misplaced belief in the Buy-and-Hold concept (the idea that it is not necessary for investors to change their stock allocations when stock valuations rise to insanely dangerous levels). It is because this group cannot bear for people to see how many lives have been destroyed by the promotion of Buy-and-Hold for 30 years after it was discredited by the academic research that they “defend” the Greaney study and the other Old School SWR studies. I am confident that this group would be warning people about the dangers of these studies if doing so did not reflect poorly on Buy-and-Hold and on those who have continued to promote it for the past 30 years.

Rob

What was even the least bit “Abusive” in my deleted entry(s)?

Well, it’s gone now, so how would i know?????

I just observed the thread that had two back and forths from us and maybe 8 posts suddenly shrink to 6 posts, with the most recent being deleted. You mean to tell me you are labeling my input as abusive, yet you don’t even know what I said?

you are labeling my input as abusive, yet you don’t even know what I said?

I don’t memorize the abusive posts, Liz Fan. I delete them to protect the community members who congregate here to learn about the subject matter of the site. That’s the job.

Rob