“Wade Pfau Over and Over and Over Makes Clear That He Views Me as the Teacher and Himself as the Student in the 16 Months of E-Mail Correspondence in Which We Developed Together Our Breakthrough Research Showing Millions of Middle-Class Investors How to Reduce the Risk of Stock Investing by 70 Percent”

Set forth below is the text of a comment that I recently put to this site’s blog:

At about nine minutes into this video you made, Rob, you claim credit for “at least 50% of the work that Wade Pfau put into his published research.” Do you suppose he agreed with your assessment?”

Do you suppose he agrees with your assessment?

Nothing could be more clear, Banned.

Here is the article at which I provide links to the blog entries reporting on the 16 months of e-mail correspondence in which we developed together our breakthrough research showing millions of middle-class investors how to reduce the risk of stock investing by 70 percent:


Wade over and over and over makes clear that he views me as the teacher and himself as the student.

I obviously do not intend any dig at Wade with those words. Wade made a huge contribution and I have said publicly that his contribution merits a Nobel prize in Economics. I just happened to be placed in circumstances that permitted me to gain a jump of several years over him and that of course came through in the work we did together.

When Wade felt safe posting honestly, he had no problem saying such things. It was only after you Goons (with the implicit support of my good friend Jack Bogle) made clear that you would destroy his career if he continued to post honestly that Wade ever came forward with any comments 100 percent the opposite of the viewpoints he expressed over and over and over again during the 16 months in which he believed that there would be no penalties imposed on him for the “crime” of saying what he truly believed about safe withdrawal rates and many other critically important investment-related topics.


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