Set forth below is the text of a recent comment that I posted to the discussion thread for another blog entry at this site:
Funny you should mention Jack and Mel. The two buddies were in Philadelphia this week at the annual Bogleheads conference.
I love Jack Bogle for the good that he is done, which is huge. There obviously would be no Valuation-Informed Indexing but for Jack’s many, many positive contributions.
I don’t feel as strongly about Mel and I do not follow his work. But I have heard positive things from enough people whom I respect that I am highly confident that Mel too has put forward valuable insights.
That’s the other side of the story.
I wish my two good friends the best of luck in all their future life endeavors.