Set forth below is the text of a comment that I recently put to another blog entry at this site:
We see time and again by countless studies that market timing has been a failure. The market is unpredictable and we can see that is the case for you as well. Look how long you have been telling everyone about a market crash and we see that you have been wrong. If you really were able to predict the market, you would be one of the wealthiest people alive today. Stop peddling you get rich quick scheme.
Every word of your comment is false, Pink.
Wade Pfau and I published peer-reviewed academic research SHOWING in very compelling terms that it is false. Your response was to threaten to send defamatory e-mails to Wade’s employer in an effort to get him fired from his job if he continued publishing research showing the dangers of Buy-and-Hold strategies.
Have you asked my good friend Jack Bogle to comment on that study?
If not, why not?
If you are afraid to show the study to Jack Bogle, why are you afraid?
How can learning something ever hurt you?
How can learning something ever hurt Jack?
If you are afraid to show the study to Jack and to listen to his reaction, all of the words you have heard promoting Buy-and-Hold have not been enough to make you confident inside that this strategy will work in the long term.
That’s not good, Pink.
True and legitimate and scientific research inspires confidence.
Mumbo-jumbo marketing garbage obviously does not.
Rob, the Fellow Who Dislikes Mumbo-Jumbo Marketing Garbage As Much As He Likes True and Legitimate and Scientific Research