Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
“And of course you are cherry-picking. If you started the count in 2008,”
“Or if you looked at a loss of 70 percent rather than 50 percent”
I started the count from the date of your 65% crash prediction. TIPS were paying negative yields in 2010. And we have not had your 50% (or 70 %) crash.
But somehow it’s me who is cherry-picking. Idiot.
Yes, you are cherry-picking.
The proper way to run the numbers is the way that Wade and I did in our study. Which was published in a peer-reviewed journal.
Have your death threats ever been published in a peer-reviewed journal?
Science produces the same conclusions over and over and over and over again. And death threats and demands for unjustified board bannings and thousands of acts of defamation and threats to get academic researchers fired from their jobs intimidate good and smart people into keeping quiet about what the last 36 years of scientific investigation have taught us all about how stock investing works in the real world.
Will your death threats continue to get the job done for you in the days following the next price crash? I say “no.” I say that the research-based strategy will come to dominate in those days and that we will see the greatest period of economic growth in our nation’s history as a result.
But we will have to wait a bit to watch it all plays out and thereby find out for sure.
I hope that works for you, Goon friend.
Rob


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