I’ve been contacting numerous people to let them know about my article reporting on The Silencing of Academic Researcher Wade Pfau by The Buy-and-Hold Mafia.
Yesterday’s blog entry reported on my correspondence with Robert Savickas, Associate Finance Professor at George Washington University Business School. Set forth below is the text of the e-mail I sent to him in response to the e-mail of his described in the earlier blog entry:
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Robert:
Thanks for that encouraging thought, my new friend!
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Rob,
The Pink Unicorn says
“I read your article, and I can see how many readers would be put off by the somewhat sensational/scandalist tone and would not persevere to read, thinking you are losing your mind.”
If the professor was put off with just that particular article, just think how he would react if he saw the extent of the psychotic ramblings on this website.
Rob says
Stay tuned, Pink.
Rob
Trebor Martin says
“sensational/scandalist tone”
So Rob is there any chance you are going to take his advice and start behaving and communicating like an adult? It seems he is about the 100th person to tell you that you need to modulate your behavior.
Rob says
You are correct that many people have offered me similar advice, Trebor.
No, there is zero chance that I am going to change the tone I use.
Please read carefully what Robert says. He refers to my “Sensational/scandalist” tone. He says that does not win people over.
He is right.
So why do I stick with that tone?
To understand the answer, you have to ask yourself WHY such a tone does not win people over.
It doesn’t win people over because most people know from experience that those using a sensational/scandalist tone are not shooting straight.
I am shooting straight.
The problem here is not my tone, which suggests a massive cover-up. The problem here is the massive cover-up.
We are looking at criminal acts of financial fraud.
We are looking at the most massive case of financial fraud ever experienced in our nation’s history.
I am speaking out AGAINST it. I am saying that responsible people should have begun taking steps back on May 13, 2002, or, at the very latest, on August 27, 2002, when Greaney made his first death threats.
I will continue posting honestly.
I will also of course continue incorporating charity and compassion and kindness in all my posts.
The rule that I follow is to be as honest as possible without crossing the line and becoming uncharitable while also being as charitable as possible without crossing the line and becoming dishonest.
I hope that helps a bit, my old friend.
Rob the Charitable (And Honest!)
The Pink Unicorn says
Of course, Rob is never wrong……………in his own mind.
Rob says
There’s a difference between being wrong and being dishonest, Pink.
It is at least theoretically possible that I am wrong about safe withdrawal rates. I don’t think so. But there have been times in the past when I have been proven wrong about matters re which I believed strongly for a time that I was right. It could be that it is happening again.
It’s not even theoretically possible that I should agree to post dishonestly.
For so long as I believe that it is not possible to calculate the safe withdrawal rate accurately without considering the effect of valuations, I need to say that that is what I believe.
It would be dishonest to say otherwise.
If I agree to post dishonestly because I want to appease you Goons and help you in your 11-year cover-up of the errors in the Old School SWR studies, that’s an act of financial fraud.
That’s a felony.
That means prison time.
Um —
Please try to find someone else.
Really.
Call me madcap.
My best wishes to you and yours.
Rob, the Madcap One
bannwd plop contributor says
“most people know from experience that those using a sensational/scandalist tone are not shooting straight.”
Correct.
Everything else you said id the usual Bennett BS.
Rob says
Thanks for sharing your thoughts, Banned.
Please take good care.
Rob the Known BS Artist
what says
So being an ass is required to save the world.
Clearly.
Rob says
The way I say it is that it takes a tough man to make a tender chicken.
The job of an investment advisor is not to flatter you by encouraging your belief that your bull market gains are real.
The job is to provide you tools to identify what gains are real and what gains are fake so that you can plan effectively.
Rob Perdue
Rob says
An important thing to keep in mind is that the hostility we see today to those who tell the truth about stock investing is a temporary phenomena.
Once all investment advisors are telling the truth, there will be no shock in hearing it.
And there will be no further bull markets either.
We’re going through a rough patch of time, that’s all.
The long-term future looks very good indeed.
Rob the Ass