Set forth below is the text of a comment that I recently put to another blog entry at this site.
Don’t worry. Jack, Larry, Wade and Bill aren’t afraid. They are just fine.
Their behavior tells a different tale, Anonymous.
The entire Vanguard Diehards community was moved over to the Bogleheads Forum when I announced that I would be attending the annual meeting and asking Jack some questions about the effect of valuations on long-term returns.
That happened because Jack was afraid to be in the same room with me and to try to answer the questions that he knew I would put to him.
Nothing could be more obvious.
When one of the leading figures in investing analysis is afraid to face questioning from some fellow whose only claim to expertise in this field is that he figured out how to get his words posted to the internet, there is a good bit of funny business going on.
Jack Bogle is afraid of Rob Bennett. He doesn’t believe that he can offer good answers to my questions. That’s sad. All of us who are Jack’s friends should be trying to do something about that.
My sincere take.