Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
So Bogle, Shiller, the goons, etc., are either lying, misunderstood, don’t care, ignore and/or suffer from cognitive dissonance and only Rob Bennett has been able to clearly see all of the issues and has the only clear understanding as to how the market dies or should act. Have I got that right?
Bogle has brought scores of critically important investing insights to the table.
The same is true of Shiller.
I wouldn’t put yo Goons in the same class as Bogle or Shiller. But I have no problem saying that you have helped me to see many things that I would not have seen absent your contributions and that there are a good number of cases in which you helped me see things that I did not see just by reading the articles or books of Bogle or Shiller.
I have made contributions that neither Bogle nor Shiller nor you Goons have made. I certainly offer no apologies for my genuine contributions (while of course noting that I could not have made them but for the contributions made by Bogle and Shiller and you Goons). But I wouldn’t feel even a tiny bit comfortable saying that I “see all of the issues.” I give my best shot to answering every question put to me in a reasonable and hopefully accurate way. I struggle mightily to be honest even when enormous pressures are imposed to me to compromise my integrity as the price of being permitted to participate at the various discussion boards and blogs that have been compromised as the result of the insanely abusive posting practices of you Goons. But I find it more than a little hard to believe that I have not made mistakes along the way. And of course I have not even attempted to address many issues. So the idea that I “see all of the issue” is flat out nuts.
Does that help?