Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:
Who made a death threat against you? Can you give us a link?
What matters is that the error in the Greaney retirement study has not been corrected in 20 years. That’s the story here.
The death threats were one of the tactics employed to disrupt the conversations so that they study would not need to be corrected. If you are focused on the death threats, you are focused on the wrong thing.
When it wasn’t death threats, it was something else. Acts of extortion. Word games. Demands for unjustified board bannings. Whatever it took.
Is there any possibility that an error in a retirement study could remain uncorrected for 20 years WITHOUT death threats and all the other garbage? It obviously is not possible. So any reasonable person who checks to see whether the study contains a valuation adjustment knows that all of that stuff happened.
To set things right, we need to have enough people concerned about what Buy-and-Hold has done to us to stand up to the Lindaurheads and the Greaney Goons. I believe that we will have that in the days following the next price crash, when the human misery that follows from the heavy promotion of a pure Get Rich Quick “strategy” will be severe and widespread. But we will have to wait and see to find out for certain.
My best and warmest wishes to you.
Rob
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