“I Have Publicly Declared My Intent To Have the Bogleheads Forum Added to My Site As a Sub-Domain. It’s the Top Investing Board on the Internet Today.”

Set forth below are the texts of two related comments that I recently put to the Goon Central board:

How much he values the board from which he is banned and how envious he is of the people that can post there.

I value the board immensely, GW. There is no dispute re that one.

I have publicly declared my intent to have the board added to my site as a sub-domain. I wouldn’t do that if I didn’t see great value in the board. It’s the top investing board on the internet today.

With me or someone I appoint making board administration decisions, we will be able to attract more people of integrity to the board and those who are there now and who possess integrity will feel free to post their honestzzz views.

Buy-and-Holders will of course be welcome to participate in all discussions.

Whether I am “envious” or not depends on how you use the word. I see the board as a very valuable resource. So I am certainly “envious” of those who are able to make use of that resource. That is obviously so.

But am I willing to sacrifice my personal integrity to obtain access to that learning experience? No way, no how. It’s not even a close call.

And I am not “envious” of those who have made the other call. I think they have made a huge mistake.

Will you be envious of me when I am handed the $500 million settlement check? I wouldn’t be gaining that check if I had agreed to post dishonestly, you know.

Rob

That the Bogleheads freely discuss exactly those topics which Bennet claims are banned.   

The fact that my friend Brian’s post was taken down because it contained a link to the Risk Evaluator shows us precisely how “free” the discussions are there, GW.

Community members are permitted to say anything about safe withdrawal rates except what the last 32 years of peer-reviewed academic research shows to be the case.

That’s not what Buy-and-Hold was about in its early days.

That’s not what it will be about once we open every board and blog on the internet to honestzzz posting on SWRs and many other critically important investment-related topics.

You can help. May I put you down for 20 e-mails per day?

Rob

Comments

  1. The Pink Unicorn says

    Rob,

    How do you expect anyone to take you seriously when you post things like this:

    “Will you be envious of me when I am handed the $500 million settlement check? I wouldn’t be gaining that check if I had agreed to post dishonestly, you know.”

    It is just as silly as those people that think they will have a secure retirement by winning the lottery.

  2. Rob says

    Do you recall the days back in May 2002 when there were more than one or two people saying I was silly to think that the Old School safe withdrawal rate studies got the numbers wildly wrong, Pink?

    I do.

    The test of whether something is silly or not is not whether somebody trying to sell you junk says it is silly.

    The test is whether it stands up to scrutiny.

    I have published (with Wade Pfau) research that shows millions of middle-class people how to reduce the risk of stock investing by 70 percent.

    That ain’t silly, Pinky. That’s a big deal.

    There is a fellow who cashed a billion-dollar check the other day for building Tumbler. I think it would be fair to say that reducing the risk of stock investing by 70 percent is worth about 20 times starting Tumbler (and I intend no insult to the fellow who started Tumbler here).

    So the reality here is that $500 is a lowball number.

    The transition from Buy-and-Hold to Valuation-Informed Indexing is the biggest advance in the history of stock investing. By a factor of 50. There’s nothing in a close second place.

    Do you want to know what’s silly?

    Your constant griping about it.

    You should be jumping in the air and thanking your lucky stars that you live at the best time in history to be a stock investor.

    That’s what I’m doing.

    I wish you all good things, in any event.

    Rob

  3. Rob says

    And, no, I would not be seeing that $500 million payday if I had listened to you Goons and agreed to post honestly.

    Thank heaven for the good Sisters of Saint Joseph, who warned me that there are people in this world who will try to persuade a fellow to get on a crooked path and who instructed me that one must REFUSE such entreaties no matter what.

    Yikes!

    And Yowsa!

    Rob

  4. Evidence Based Investing says

    “I Have Publicly Declared My Intent To Have the Bogleheads Forum Added to My Site As a Sub-Domain. It’s the Top Investing Board on the Internet Today.”

    There is absolutely no chance of that ever happening.

  5. Rob says

    I know, Evidence.

    And there is no chance that the Wall Street Journal will ever publish an article saying that I was right all along re safe withdrawal rates either.

    Rob

  6. The Pink Unicorn says

    Rob,

    You are just plain delusional. You have a better chance of winning the powerball. The problem is that you didn’t save enough for retirement, so you probably don’t have the spare dollars to play the lottery. What a quandary.

  7. Rob says

    I’ve got the most important job in the world, Pink.

    I’m the Goon Police!

    Rob the Cop

  8. Trebor Martin says

    Rob

    Seriously! Give up this charade. Spend time with your family. Try to make up for lost time and opportunities. Your kids are only young once.

  9. Rob says

    Now that you mention it –

    4 percent might work!

    Nobody has a crystal ball. No one can say for sure.

    Is that not so?

    Rob

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