Set forth below is the text of a comment that I recently posted to the discussion thread for one of my columns at the Value Walk site:
Please take care????
No, I am fine.
Please stop lying. Please stop defaming Wade Pfau, Jack Bogle, Robert Shiller, Rick Ferri, Mel Lindauer, John Greany and all the others you continue to bash. Please go get a job and provide for your family.
If you can’t a way to do the above, please get help from a mental health professional because you have a serious problem.
Fama and Shiller were awarded Nobel prizes on the same day. Numerous articles reporting on this noted how odd it was that two people saying opposite things about how stock investing works were both awarded the highest honor. One of the two has to be wrong and the error made by the one who is wrong has done serious harm to all investors who came to believe that the one who is wrong was in fact right.
We need to figure out who is wrong and who is right. To do that, we need to have a national debate. I have great respect for all the people you named above. But each of those people has engaged in behavior that has caused a delay in the launching of that national debate. It’s a terrible thing.
All of those people want to do the right thing and yet all of them are afraid to do so because they fear that what you Goons have done to me you will do to them if they come clean. The only way to get to the other side of the mountain is to go through the mountain. If all of those people stuck together, you Goons couldn’t do a thing to any of us. So long as we let you intimidate us, you have the power. We need to stick together. We all need to assert our right to post honestly re that last 35 years of peer-reviewed research in this field and not yield to any of the intimidation tactics that you Goons dish out.
That’s my sincere take re these terribly important matters in any event. For so long as loving my country constitutes a serious problem for me, I do indeed have a serious problem. It’s not a serious problem that I want to solve. I believe that it will all flip following the next price crash, that at that time it will be you Goons who will have a serious problem. But we will see what happens as it all plays out before us, you know.
I hope that works for you, my old friend.