Set fort below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Doesn’t it come down to perception? You don’t feel you were bitter, but they do. As they say, you must know your audience. Your intentions don’t matter as it is opinions that count.
There’s a good bit of truth in what you are saying here, Anonymous.
What does this say about what happens following the next price crash? When millions of people lose most of their retirement savings, will that change perceptions of Buy-and-Hold?
I say “yes.”
But we are going to have to wait until it plays out to know for sure.
Perceptions of Bernie Madoff sure changed after his con was exposed. Jack Bogle is Bernie Madoff times 500, in my assessment. I love the guy, as you know. I am his biggest fan. But still….