Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Where did he say to get out of the market?Also, note that he NEVER times the market. Another Rob failure.
I don’t believe that he ever got entirely out of the market. But of course I have said on thousands of occasions that I do not believe that the typical investor should ever get entirely out of the market.
He has lowered his allocation to stocks when prices got too high. That’s market timing.
Of course Bogle did the same. Lots of people who SAY they are against market timing engage in it themselves because they are too intelligent not to see the benefits. If you would ease up on the abusive stuff, they would be willing to speak clearly about what they truly believe and we all would benefit. The Goon stuff hurts us all and has been hurting us all for a long time now.
Rob


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