Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
“Lots of people agree and are afraid to say so publicly”
An earlier comment mentioned bottom lines. This is your bottom line. This absurd claim lets you say any crazy old thing you want, on any topic, with no evidence at all. And keep saying it forever. It’s how you justify 15 years of sitting on your butt, instead of working.
There really are people who are afraid to tell you the truth. But it ain’t Greaney, Wade, Bogle, or us goons.
Please mark me down as saying that the retirement study posted at John Greaney’s web site lacks an adjustment for the valuation level that applies on the day the retirement begins.
And other crazy old things.