“Wade Pfau Agreed to Betray Himself and His Family and His Profession and His Country. Do You Not See How That Makes Him Feel Ashamed of Himself? Wade Is In Pain. He Is Trying to Forget What He Has Done to the Millions of Middle-Class Investors Whose Lives He Has Destroyed.”

Set forth below is the text of a comment that I recently posted to another blog entry at this site:

If they are anonymous, they have no need to be afraid.

I answered this above, Anonymous.

They are ASHAMED.

Wade Pfau spent years studying economics. He was awarded a Ph.D. He went on to co-author the most important research published in this field in three decades. He was looking forward to being awarded the Nobel Prize.

Then some Internet Goons threatened to get him fired from his job. Jack Bogle indicated that he and the other Wall Street Con Men were going to support the Goons. Wade has two small children for whom he provides financial support. He loves them. So he folded. He agreed to betray himself and his family and his profession and his country.

Do you not see how that makes him feel ashamed of himself?

He could post anonymously. You are right about that.

He doesn’t want to think about what he has done. He sold out. He sold out his country.

Now he rationalizes. He says: “Oh, maybe things won’t go so bad, maybe stocks will perform in ways in which never before in history have they performed and I won’t end up being responsible for the destruction of millions of middle-class lives. You never really can tell with 100 percent certainty, can you?”

Wade is in pain. Just like you Goons are in pain. Just like Bogle is in pain. Just like all Buy-and-Holders are in pain 34 years after the peer-reviewed research showed that there is precisely zero chance that this smelly Get Rich Quick garbage could ever work for even a single long-term investor in this or any other solar system.

People who have sold out themselves and their profession and their country do not like to be reminded of it. They are not interested in posting anonymously at web sites. They try to forget what they have done to the millions of middle-class investors whose lives they have destroyed.

Each time another person sells out his country, we all go down another step into the darkness.

I love my country.

It is my intent NOT to sell out.

We will see what happens.

My best and warmest wishes to you and yours.

Rob