Set forth below are the texts of two comments that I recently posted to another blog entry at this site:
Actually what X said does make perfect sense. It is actual mathematical proof that you have made zero progress and your time, even by your own accounts, is absolutely worthless.
So all efforts to achieve civil rights were of zero value except for President Johnson’s signing of the Civil Rights Act?
I don’t buy it, Anonymous.
You never get to the point where a President is signing a Civil Rights Act unless people in earlier days work up the courage to object to racism.
These things have to be done in a certain order.
If men were angels, Jack Bogle would have given a speech back in 1981 noting that Shiller’s research shows that there is precisely zero chance that a Buy-and-Hold strategy could ever work for a single investor. Then the Trinity study would never have been published. Then Greaney would never have gotten the numbers wrong in his retirement study. Then he would never have experienced embarrassment when I pointed out his errors. Then there never would have been any death threats. And on and on.
Men are not angels. Bogle went into cover-up mode when the flaws in his strategy were pointed out to him. These things happen. They happened here.
We don’t get to perfection in a single step.
People need to lay the groundwork.
I have laid a lot of groundwork at this site.
People are afraid that the Wall Street Con Men will destroy their careers if they post honestly. It’s a lot harder for the Wall Street Con men to do that now that I have documented the 12-year cover-up of the errors in the Old School SWR studies at this site.
If the Wall Street Con Men try to bring a lawsuit against someone for posting honestly, that person can use the material at this site to protect themselves. The Wall Street Con Men very much do not want the material at this site being publicized. So they are less likely today to bring such a lawsuit.
That helps us. The less likely the Con Men are to bring a lawsuit, the more likely people are to post honestly.
There will come a day when people will look back and say: “Of course Buy-and-Hold can never work. That’s so obvious. How is it that there was ever any controversy on this point?”
There was once controversy because the Buy-and-Holders once possessed great power and were able to use it to punish those who tried to post honestly. Every day that power gets weakened a little bit more because of the efforts of the thousands of us who have posted honestly at some point over the course of the past 12 years.
I have made amazing progress, more progress than I could possibly have imagined it was possible for any one person to make in the course of only 12 years. All signs are that I will be making a whole big bunch more progress following the next price crash.
You need to be physically in a prison cell to feel that any progress has been made.
So be it. I cannot change you.
When you are placed in your prison cell, you will see how we have been making progress for many years now, little by little, bit by bit.
I certainly wish you all the best that this life has to offer a person.
I’ll give a shorter response to the same comment.
I enjoy posting honestly.
I hate posting dishonestly.
If I had been posting dishonestly for the past 12 years, I would have hated every moment of my life for the past 12 years.
Since I was posting honestly for the past 12 years, I have enjoyed every moment of my life for the past 12 years.
I think I will elect to continue posting honestly. Call me madcap.
My best wishes to you and yours.