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 believe you make up a lot off stuff. I believe Shiller would think you have a screw loose. I believe you have wasted much of your adult life.
There’s an easy way to learn what Shiller thinks about me. Drop all the abusive stuff and invite him to participate in discussions at the Bogleheads Forum. Ask him during the first discussion whether he believes that the safe withdrawal rate is always the same number or whether he believes that it is a number that changes with changes in valuations.
We should all be talking about Shiller’s Nobel-prize-winning research at every discussion board and blog on the internet. We all should feel 100 percent free to post honestly in all of those discussions. That’s how we all learn. And we should all want to learn as much as we possibly can about the subject of stock investing.
I don”t think that I have wasted any time. Every abusive post that I see tells me that I am on to something important. Otherwise, we would not see such defensiveness. If the amount of effort put into supression of a discussion indicates how important it it to have that discussion, then I think it would be fair to say that there has never been a subject that we so much needed to discuss as the subject of the far-reaching implications of Shiller’s Nobel-prize-winning research.
We are as a nation on the threshold of discovering some very exciting stuff. It’s a horrible reality that we are going to need to live through another price crash to get there. But it takes what it takes. And the good here is 50 times as good as the bad here is bad. So we just have to hang in there and do our best to take things in a positive direction.
My sincere take.
Loose Screws (or Not?) Rob


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