Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
When nothing has changed for you, why wouldn’t you consider the fact that you have been wrong all this time. While some people might just be looking to make fun of you, most others are just looking at the facts and trying to point them out to you.
Because the Greaney retirement study is available on the internet and I can pull it up at any time and take a look and I am no more able to find a valuation adjustment today than I was 19 years ago. If there really is no valuation adjustment in that study, then I was right in what I said in my famous post from the morning of May 13, 2002.
And, if I was right, then it is very scary that we are 19 years down the road and the study has not been corrected to this day. That’s the number one public policy issue before our nation today. We all should be talking about that. We all have to invest to finance our retirement. So we all need access to honest and accurate and research-based investment advice.
My best wishes to you.
Rob


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