Set forth below is the text of a comment that I recently put to the discussion of a blog entry at this site:
I doubt the man has even heard of Rob
My friend Jack obviously knows all about me.
He has told us that he visits the Bogleheads board on a weekly basis. He was there for the two years during which half of the threads put to the board concerned my investing ideas.
The Vanguard Diehards board was shut down and the community moved to the Bogleheads board so that the Goons could escape my posting re the peer-reviewed academic research of the past 32 years. There wouldn’t even BE a Bogleheads board if it were not for me. Bogle was there to see that take place.
I have sent Jack four e-mails letting him know about the Lindauer matter and asking for his help.
Rob Arnott is a personal friend of Jack’s. He copied several of his e-mails to me dealing with these issues to Jack. So Jack obviously knows.
Jack obviously knows that it was a criminal act of financial fraud for the Lindauerheads and Greaney Goons to threaten to get Wade Pfau fired from his job as his “punishment” for publishing honest research. The idea that Jack would have gotten himself involved in this criminal enterprise without thinking it through carefully is of course 100 percent absurd. We will learn all the details when Jack is called to testify before congressional hearings and in civil and criminal trials. But he obviously knows about my contributions and he is obviously aware that by failing to speak out about the Lindauer matter in the strongest possible terms he has encouraged the Goons to continue their criminal enterprise.
I have on numerous occasions encouraged Jack to have nothing whatsoever to do with the sorts of individuals who have put up posts in “defense” of Mel Lindauer and John Greaney. There are hundreds of posts in the Post Archives to that effect.
I look forward to working with Jack to rebuild our broken economy after he gives his “I Was Wrong” speech, thereby opening the entire internet to honest posting on safe withdrawal rates and hundreds of other critically important investment-related topics.
Rob
Rob,
Why even bother posting these lies? A long line of people have already haved addressed these lies, including Wade himself. Haven’t you done enough damage to Wade already? The comments on Jack are just as silly.
Get the mental help you so desperately need.
http://arichlife.passionsaving.com/the-buy-and-hold-crisis/academic-researcher-silenced-by-threats-to-get-him-fired-from-his-job-after-showing-dangers-of-buy-and-hold-investing-strategies/
Rob the Linking Fool
Rob,
Repeating your own comments is not proof of anything. We can all claim anything we want, but it doesn’t make it true when there is no 3rd party confirmation. Further, we have Wade’s own comments about you causing him harm.
Greskrendtregk of the planet Ktaris is Superman’s good friend. I’ve never met him. He’s never even acknowledged my existence. But I think he’s heard of me. Or at least, he should have. So he is my good friend.
We can all claim anything we want, but it doesn’t make it true when there is no 3rd party confirmation.
Good point.
Rob the Fair
Hi, I am Big Foot. I am the one that is responsible for blocking the honest posting. I will stop being a goon so that Rob can become rich and famous. Don’t bother looking for me because no one has been able to find me yet, but you all know that I exist and am telling the truth. Instead, focus your time and attention on Rob. He is the only financial expert that knows everything. I know you all feel guilty and the only way to get over that guilt is to send Rob a check. You might as well, since you would only lose it all in the stock market or in a court case.
Hey, Rob, let me know when you are free for lunch and I will have you swing by the big foot hide out and give some of your advice to my friends the Yeti and the Loch Ness Monster.
Further, we have Wade’s own comments about you causing him harm.
Any third party confirmation of that, Pink?
Rob the Skeptical
I think he’s heard of me.
Jack Bogle has never heard of me.
That explains why he has done nothing about the Lindauer Matter for several years now.
Makes sense!
Rob the Agreeable
let me know when you are free for lunch and I will have you swing by the big foot hide out and give some of your advice to my friends the Yeti and the Loch Ness Monster.
When you stop by, I’d be grateful if you could bring me a copy of that famous study showing that this might be the first time that a Buy-and-Hold strategy will end up working for one or two long-term investors. I need to share the URL with Wade Pfau, who has a Ph.D. in Economics from Princeton and couldn’t understand why he had been hearing for years about this study but couldn’t find it anywhere in the literature once he took the time to check it out for himself.
No rush, though. Whenever you get around to it. It’s no biggie.
Rob the Checker of Far=Fetched Wall Street Claims That Just Happen to Bring in Hundreds of Billions to the Wall Street Con Men
Rob said: “Any third party confirmation of that, Pink?”
Why yes, Rob, I do have confirmation. In fact, Let’s say that this confirmation tells us that Wade says YOU are the problem and he wants you to stop talking about him. Would you honor his wishes? I have got the confirmation. Just give me the word that you would accept Wade’s request upon confirmation.
The Pink Unicorn
Unofficial detector of Rob Bennett Crapolla
If this ‘blog’ were a Monty Python sketch, we have long since passed the point where the ‘extremely silly’ police would have come in and shut it all down.
Just saying….
Would you honor his wishes?
It depends on which of Wade’s wishes you are talking about, Pink.
Are you talking about the wishes that Wade expressed over and over and over again during his 16 months of e-mail correspondence with me, a time-period in which he did not realize that The Stock-Selling Industry is 100 percent corrupt today and that there is zero chance that the Wall Street Con Men will permit any academic researcher to publish honest research?
Or are you talking about the wishes that Wade expressed after you Goons threatened to send defamatory e-mails to his employer in an effort to get him fired as his “punishment” for having published honest research and after he saw that Jack Bogle and Bill Bernstein and Larry Swedroe and Scott Burns and Rick Ferri all intended to do precisely zero to help him out?
There is an honest Wade Pfau and there is a dishonest Wade Pfau. Just as there is an honest Jack Bogle and a dishonest Jack Bogle. And an honest Bill Bernstein and a dishonest Bill Bernstein.
I am a good friend to the honest versions of all these people, Pink.
Which means that I must do all I can every day to persuade each of them to disassociate from the dishonest versions of themselves. No?
Which means that I must continue posting honestly about the efforts of The Buy-and-Hold Mafia to silence Wade’s honest side.
Which constitute financial fraud.
Which is a felony.
Which will get you and the others who have posted in “defense” of Mel Lindauer and John Greaney sent off to long prison terms in days to come.
When it comes to that sort of thing, please leave my name off the invitation list, Pink.
It’s not my particular cup of tea.
I can’t go for that.
No can do.
Rob the Particular Tea Drinker
So now you are saying that Wade is a liar? The only Fraud is you, Rob.
The Pink Unicorn
Unofficial detector of Rob Bennett Crapolla
Rob,
I am shocked that you can’t find the data on buy and hold. After all, you have made so many claims about outperforming buy and hold and now you can’t find the data? I guess we will have to rely on your financial data from you personal investing experience. Can you send us your financials in advance of the meeting at my hide out? Just post it here for all of us to see and then we can all stare in amazement.
Hey all of you people out there. I have been reading all your comments about Rob and his research. I can vouch for Rob. In fact, his research and financial results are as real as I am. I am so tired of all you doubters out there. Despite all those pictures of me taken by hunters, hikers, etc., some of you still doubt that I am real. Same goes for Rob and his expertise. Like I said, I can vouch for Rob. His data is just as real as I am.
Signed,
Big Foot
If this ‘blog’ were a Monty Python sketch, we have long since passed the point where the ‘extremely silly’ police would have come in and shut it all down.
I’m with you re this one, Banned.
However, I think it would be fair to say that some of the millions of middle-class investors whose lives have been destroyed by the reckless and relentless and ruthless promotion of all the smelly Buy-and-Hold garbage might not find the “joke” all so terribly funny.
Those will be the people sitting on your jury, my old friend.
Yikes!
Rob the Concerned Friend
So now you are saying that Wade is a liar?
Everything he said in the 16 months before you Goons threatened to get him fired from his job was 100 percent the opposite of what he has said since, Pink.
You do the math.
Rob the Numbers Guy
The only Fraud is you, Rob.
And yet I began calling for correction of the Old School safe withdrawal rate studies on the morning of May 13, 2002.
How odd.
Rob the Puzzled
I can vouch for Rob. His data is just as real as I am.
And the Old School safe withdrawal rate research is real too!
And Buy-and-Hold is real!
Why have people become so cynical nowadays?
Rob the Gullible
we can all stare in amazement.
I’ve seen photos of Bernie Madoff sitting in his prison cell, Big Foot.
I have stared in amazement at those, knowing how he was the toast of the town in the days when people were still falling for his GRQ garbage.
I’ll take a pass.
I’d be grateful if you would try to find someone else.
Rob the Madoff Non-Follower
Typical rob. He throws out his jail time comments every time the conversation makes him look bad.
The Pink Unicorn
Unofficial detector of Rob Bennett Crapolla
It’s the only issue that matters at this point, Pink.
All of you Goons obviously would be happy to go back to May 13, 2002, and have a do-over and this time to permit honest posting.
Unfortunately, I do not have a magic wand that I can wave in the air to make that happen.
So we are stuck with you Goons serving long prison sentences. And people who have long prison sentences ahead of them as soon as the cover-up is exposed are for obvious reasons not anxious to help expose it.
I get it. There’s nothing I can do about it.
I have offered to help you get the prison sentences reduced a bit. If that sounds good, I am 100 percent happy to do what I can.
It’s more than a little hard to imagine how someone in my circumstances could do any more than that for you.
I wish you all good things, if that counts.
Rob the Good-Faith Effort Maker
So we are stuck with you Goons serving long prison sentences.
Making fun of an internet troll is not a crime.
It sounds like you are in good shape, Evidence.
Rob the Encouraging Voice
I noticed that your email count update happened at just after 4am this morning.
http://www.s152957355.onlinehome.us/cgi-bin/yabb2/YaBB.pl?num=1349633607/3582#3582
“Today at 04:05:29
20,550.
Rob the Chump”
The count you reported yesterday was 20,500. Were the 50 emails sent this morning before your update or is that a count of yesterday’s activity?
The latter.
Rob the Updating Fool
What a surprise. Another mindless prison threat from Rob in a desperate attempt to try and scare people off with his silly fantasies.
It is now over a month since you shared any of the responses that you received.
Have you received any replies recently that are worth sharing with the community that gathers here to discuss safe withdrawal rates, valuation informed indexing and other investing topics?
Another mindless prison threat from Rob
I’m such a meanie for wanting to see the length of your prison sentence reduced, Pink.
How could anyone BE so mean?
Rob the Very Mean Meanie
Have you received any replies recently that are worth sharing
The response rate has remained in the neighborhood of 0.5 percent, Evidence. In the days when I was sending 200 e-mails per day I was averaging one response per day. Now that I am sending 50 e-mails per day, I get close to two responses per week.
I’ll return to posting responses when I am caught up with the Goon Negotiation items that I have been focusing on in recent days. I fell very far behind on those in the days when I was posting e-mail responses every day for a long time.
The next e-mail response is slated for July 11. At that point, I will be caught up re the Goon Negotiation stuff and will be able to focus on the e-mail responses for a time. At some point, it will cycle back.
Rob the Balanced Blogger
I haven’t been “caught up” re the e-mail responses since the very early days of the campaign.
I don’t know that I will ever be fully “caught up.”
I do what is put in front of me each day. And then I leave it to the rest of the world to decide what to do with it all.
When the rest of the world elects to bring the economic crisis to an end and move on to the greatest period of economic growth in our history, we will do that.
If the rest of the world elects instead to let us continue our slide into the Second Great Depression, we’ll travel that dark path instead.
It’s not my call.
I have a strong preference for bringing the economic crisis to an end. But I get one vote, like everyone else. And, full truth be told, I think that’s as it should be.
I don’t like the choice was have made for the first 11 years of our discussions. But I don’t think that I should be getting more than one vote. So I reluctantly accept the choice made by others (while planning the lawsuits that I will be bringing at a later date to recover financial damages suffered and doing what I can to reduce the length of the prison sentences of those of my friends who have elected to put up posts in “defense” of Mel Linduaer and John Greaney).
Rob the Planner
“When the rest of the world elects to bring the economic crisis to an end and move on to the greatest period of economic growth in our history, we will do that.
If the rest of the world elects instead to let us continue our slide into the Second Great Depression, we’ll travel that dark path instead.”
Wow, Rob is our hero. He will save us all. The billions of people that represent all of humanity will sing of Rob’s praises, while the lowly goons will be off to prison. I will be in the lead car next to Rob as we drive through Times Square in the midst of a ticker tape parade and then we will all know that Rob is right and everyone else is wrong.
Can someone hand me my lithium. I am late in taking my meds today.
Rob is our hero. He will save us all.
The peer-reviewed research that I did with Wade Pfau shows you how to reduce the risk of stock investing by 70 percent while earning far higher returns, returns far enough higher to permit you to retire 10 years sooner than you could following Buy-and-Hold strategies, Big Foot.
Whether that saves you or not is up to you.
But I certainly think that it would be fair to say that it would go a long ways to saving the millions of middle-class investors who were taken in by the Buy-and-Hold con pushed so heavily by the Wall Street Con Men in recent years.
Do you think that I did a good thing by pointing out the errors in the Old School safe withdrawal rate studies, Big? Or do you think it would be better if people were still being taken in by the those errors to this day?
I think I did a very, very, very good thing.
If you think that retirement studies that get the numbers wildly wrong are a plus, all that I feel that I can say is that we are working at cross purposes.
I wish you all good things, in any event.
Rob the Doer of Good Deeds
The billions of people that represent all of humanity will sing of Rob’s praises, while the lowly goons will be off to prison.
That’s fair to say, Big. I am of course honored and humbled to have been able to play such a big role in bringing about the biggest advance in our understanding of how stock investing works in history. If you had told me when I was a boy growing up in Northeast Philadelphia that this is where I would end up, I would have said you were loco. But here we are.
And I would add that there are a lot of people who have turned their lives around in prison. Prison does not need to be the last chapter for you.
I naturally wish you all the best that this life has to offer a person, my old Goon friend.
Rob the Believer in Big Foot’s Capacity to Turn His Life Around
Rob said:” while planning the lawsuits that I will be bringing at a later date to recover financial damages suffered ”
Rob, the other day you said you would file the lawsuits because people would just hand you the money out of guilt. You are starting to slip up, Rob and can’t keep your fantasies straight.
I think it may well be that I will not need to file the lawsuits, Pink.
I don’t believe that you Goons will offer to pay your share without the litigation proceeding. But I believe that some of my Buy-and-Hold expert friends will take a different view. I think Jack Bogle is going to offer to pay his share and your share both in an effort to get the ugly stuff behind us and to move on to all the wonderful stuff.
Nothing like this has ever happened before. So I obviously do not know precisely how things will proceed.
But $500 million is a trivial amount to the Wall Street Con Men. They do not deep in their hearts want to cause a Second Great Depression. I believe that they will do what they can to help us all make the shift to better days.
Jack Bogle did not intend to bring on the Second Great Depression. Neither did any of the other Con Men. There is a mountain of evidence that this is so. For example, I learned about the errors in the Old School SWR studies by reading Jack’s book. If he had been planning a con all along, why the heck would he put information in his book that would help someone like me discover the con? It makes no sense.
There are no two sides to this, Pink. You Goons try to make it appear that way. But that’s just Goon garbage. We are all on the same side, the learning side. We always have been.
The trouble is that the Con Men have painted themselves into a corner by “defending” you Goons or by failing to speak up against you. I am doing all that I can to help them out. And, following the next crash, I will have enough people helping out here to achieve my aim of helping them out.
The story has a happy ending. I have been saying that since the first day. You must not have been paying attention!
Rob the Fan of Happy Endings
For a Goon hate is always the answer.
And for a Normal love is always the answer.
Guess which one always prevails in the final chapter?
Rob the Lover
Is the $500 million all for you Rob?
My damages are obviously a lot bigger than $500 million, Evidence.
I have floated the lowball number as part of an effort to send a signal to the Wall Street Con Men that I am more interested in getting our economy back on track than I am in receiving personal financial awards and that I am thus open to compromises that let us bring all the ugly stuff to a quick and complete stop.
The lawyers aren’t going to like it that I have floated that number. But the full reality here is that $500 million is a LOT of money. I think it’s a reasonable compromise for me to settle for $500 million so long as that amount is received prior to the next price crash.
If things don’t happen until after the next crash, my intent is to listen to what the lawyers have to say. My personal inclination will still be to settle for $500 million. But if things get to that point, I think I owe it to the lawyers to hear what they have to say. They will be getting paid a percentage of the settlement amount. So I think I owe them that.
Payment of the $500 million obviously would not prevent the millions of middle-class investors who have suffered losses from filing actions of their own. That’s of course not my affair. My guess is that we are going to need congressional action to help on that side of things because there is not enough money available to cover all the claims that will be filed.
And none of these civil settlements affect the criminal side of things. I have no involvement on that side except to assure everyone that I intend to testify honestly and that I intend to put forward some articles arguing for not letting any thoughts of seeking revenge on the Goons to influence things. People need to feel that justice was done. But we all need to put the ugly stuff behind us and move on to all the wonderful life-affirming stuff as quickly as possible. This is not a time to be small-minded. If we become too small-minded, we can be said to be guilty of a bit of goonishness ourselves, in my assessment.
Rob
Wow, this crazy talk by Rob is really out there. I am surprised that Rob’s family members haven’t tried to get him committed to a mental institution by now. Someone needs to send over the nice men in the white coats to get Rob the help he so desperately needs.
To get $500 million damages you would have to demonstrate large losses.
How will you persuade anyone that you personally have suffered hundreds of millions of dollars worth of damages?
How will you persuade anyone that you personally have suffered hundreds of millions of dollars worth of damages?
THere are numerous ways to show a number far higher than $500 million, Evidence.
Valuation-Informed Indexing shows us how to avoid economic crises. We know today that market prices are self-correcting so long as investors are able to obtain the information they need to become able to invest effectively. So my work of the past 11 years saves us as a nation the entire cost of an economic crises. We know that the cost of this recent economic crisis was far in excess of $500 million because Congress approved trillions to cope with it.
Or you could look at the peer-reviewed research that I did with Wade showing millions of middle-class investors how to retire five to ten years earlier than has ever before been possible. Say that there were only 100 million people electing to use VII to retire only 5 years sooner. That would mean that those people would only need to be willing to pay $1 dollar for a year of retirement for me to have earned $500 million with my work.
The $500 million figure is an extreme lowball number any way you look at it.
That said, it’s enough money for me not to have to worry about money ever again for the remaining years of my life.
I see a settlement for the amount of $500 million as a win/win/win/win/win. So long as it is obtained prior to the next crash.
Rob the Fair-Minded Negotiator
Someone needs to send over the nice men in the white coats to get Rob the help he so desperately needs.
I think it might be fair to say that I could use some help carrying all that money when it is turned over to me, Pink!
I’ll give you that one, my old friend!
Rob the Practical-Minded Fellow
“So my work of the past 11 years saves us as a nation the entire cost of an economic crises. We know that the cost of this recent economic crisis was far in excess of $500 million because Congress approved trillions to cope with it.”
Even if that were true, none of the capital was yours. You have no damages as you have no money.
Rob,
The only way you will be seeing any money like that is if you are playing a game of monopoly.
The Pink Unicorn
Unofficial detector of Rob Bennett Crapolla
Makes sense!
Rob the Agreeable