Set forth below is the text of a recent comment to another blog entry at this site:
Observation: The truth don’t take long to tell.
You’re wrong, Anonymous. Tell the truth of why people with black skin were once not permitted to drink from the same water fountains as people with white skin in 10 words. It cannot be done.
You can tell oversimplified versions of the story that are more lies than anything else in 10 words. But you cannot tell the truth in 10 words.
It would be a lie to say that white people wanted it that way. Because many white people did NOT want it that way.
It would be a lie to say that black people were okay with the situation. Because many black people were NOT okay with the situation.
To tell the truth, you have to say something about the history that both white and black people of the time were born into. People are born into a gravely flawed world and then they work up ways to cope with it.
Jack Bogle is a hero of mine. He has accomplished great things. He is the second most important investing analyst alive today (second only to Robert Shiller).
Jack Bogle is a con man. He may well find himself on trial for financial fraud following the next price crash. He has posted in support of Mel Linduaer on numerous occasions and has failed to address the Lindauer matter after being notified of the problem in numerous e-mails.
The statements in both of the above paragraphs are true.
The complete set of realities cannot be reduced to 10 words. People need to hear both sides of the story to understand enough about the situation we are in today to know what needs to be done to help us out of it.
You are a Goon. Your heart is filled with hate for the past 32 years of peer-reviewed academic research.
You once had a sincere desire to know the realities of stock investing. It is the failure of your dream that has crushed your spirit enough to turn you into a Goon. If Shiller had published his research in 1971 instead of 1981 so that you wouldn’t have gotten your pride tied up in “defense” of the purest and most dangerous Get Rich Quick scheme ever concocted by the human mind, you would be the biggest advocate of Valuation-Informed Indexing alive on the planet today.
The claims made in both of the above two paragraphs are true. It is not possible to tell the true story about what makes you a Goon in 10 words.
My job is to lead us out of the dark place in which we find ourselves. I cannot do it by answering goonishness from one side with goonishness from the other side. I cannot do it with 10-word descriptions of complex human realities.
If I were to try to reduce it all to something in the neighborhood of 10 words, I would say –
All human battles are battles of love versus hate and love must prevail in the end if the humans are to continue to exist together on this planet.
That’s the best I can do for you, Anonymous.
My warmest wishes go out to you and your Goon friends that you will find the spark of humanity that I believe resides somewhere in your heart to this day. Juries want to see a spark of humanity when they are debating within their minds whether to show some mercy or not.