Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Then why haven’t you had the same level of success and acclaim as well as wealth, in comparison to Bogle and Shiller?
I am on my way, Anonymous. It’s a process that is playing out before our eyes. It’s a drama that can only end one way. The trick is not to get scared when it looks like the bad guys are close to shutting it down.
If it had been up to me, it would have been done the other way, the normal way. But if this situation had been normal all along, the opportunity wouldn’t have been available to me on the morning of May 13, 2002, would it have been? It is what it is. There’s 50 times more good here than bad. That’s not a bad ratio at all.
I will continue to give it my best shot. I can do no more and I can do no less. I remain 100 percent confident that, following the next price crash, we will all make it to the other side of The Big Black Mountain, the place where we all have long wanted to be. Bogle will get the credit he deserves, Shiller will get the credit he deserves and Bennett will get the credit he deserves.
No one said that achieving huge advances in a society’s understanding of how stock investing works would come without a good fight. My guess is that my good friend Jack Bogle had demons that he had to slay before achieving the things he achieved and that my good friend Robert Shiller had demons that he had to slay before achieving the things that he achieved. I have slayed a good number of demons over the past 14 years and there are one or two that continue to block my path today. I continue to fight with all my strength. The bottom line is that that is the only part of it that is left entirely to me to decide. How it turns out is decided by Someone at a higher pay grade. I will accept whatever path that Someone takes us down.
I love you, man. It makes me happy that I can say that today, after all the adventures that we have been through together. The good stuff we will remember forever. The bad stuff will fade from memory with time.
My sincere take.