Ask Bogle Why He Has Not Made a Public Statement Asking That the Errors in the Buy-and-Hold Retirement Studies Be Promptly Corrected. That Would Be Discussed at That Board and Everyone Would From That Day Forward Feel More Comfortable Talking About the Realities. Had Bogle Made a Statement in 1981 Acknowledging That There Were Now Two Schools of Academic Thought re How Stock Investing Works, We Never Would Have Seen Any of These Problems.”

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

“I haven’t made any decision to join that board”

You’ve said many times that spreading the word about VII is your job. Was that a joke? Not a very funny one.

Ask Bogle why he has not made a public statement asking that the errors in the Buy-and-Hold retirement studies be promptly corrected.

That would be discussed at that board and everyone would from that day forward feel more comfortable talking about the realities.

Had Bogle made a statement in 1981 acknowledging that there were now two schools of academic thought re how stock investing works, we never would have seen any of these problems. If he made a statement today, that would help. That’s the sort of thing we need. When there’s 37 years of peer-reviewed research showing that the Buy-and-Hold retirement studies are in error, it shouldn’t be left to me to point that out at some discussion board. The big-name Buy-and-Holders should be letting everyone know about their mistake and about what they are going to do to provide damages to those who have been hurt by it.

Sincere Rob