Set forth below is the text of an e-mail that I recently posted to the discussion thread for another blog entry at this site:
It is far more likely that he [Bogle] does not respond to aggressive and unhinged letters.
An e-mail that points out that the Buy-and-Hold retirement studies do not contain a valuations adjustment and that there is 35 years of peer-reviewed research showing that a valuations adjustment is required is not aggressive and unhinged, Laugh. An e-mail like that demands a response from an individual who is widely known as the lead promoter of the Buy-and-Hold strategy. If the tables were turned, I would not let 24 hours pass without responding to that e-mail.
My sincere take.